Today’s Solutions: December 22, 2024

Worklife

Learn about how you can achieve a better work-life balance, and check out the latest news about the world of work, including advancements on ideas like the four-day work week and universal basic income.

Bitcoin’s new competitor to

Bitcoin’s new competitor to be backed by gold

Digital currency Bitcoin has blazed a new trail away from the established monetary system. In its wake, metals and technology company Anthem Vault is to launch the Hayek on May 25. The new cryptocurrency will be valued at 1 gram of gold at the day's market price, serving “as a more secure store Read More...

Home loans in India help famil

Home loans in India help families excluded from formal banking system escape poverty

Informal workers make up more than four fifth of India’s labor force. Many struggle to make ends meet. For them, poverty typically perpetuates since banks don’t invest in poor people living off an informal income. Exclusion from home loans means being forever at the mercy of landowners in the Read More...

Small-business lending: local

Small-business lending: local community's involvement makes banks obsolete

Community Sourced Capital, a startup based in Seattle, WA, connects small businesses with members of the community who are eager to support their local economy. Loans are repaid with no interest, while CSC takes fees. The goal is to step into the space that banks have left vacant since the Read More...

African migrant workers use bi

African migrant workers use bitcoin to send money home

When migrant workers send money home to relatives in Africa, they typically pay 12.3 percent to money transmitters. It’s a big business. Overseas Development Institute estimates the total annual fees paid to money transmitters to be $1.4 billion. These businesses have now found a competitor in Read More...