Ideas to Action:

Independent research for global prosperity

Tag: Technology

 

A biometric data collection center in Salt lake, Kolkata. Photo by Biswarup Ganguly.

Does Digital ID Improve Governance? Answers—and Questions—from the State of Aadhaar Report

India’s digital ID system has become ubiquitous and is rapidly being incorporated into service delivery. With more heat than light so far in the Aadhaar debate, the State of Aadhaar report is a major step forward in understanding the world’s largest ongoing transition to digital governance, one that is being watched closely by many other countries.

Publication

India is at the forefront of the use of digital technology to transform the way in which citizens interact with states. This paper provides a picture of the perceived impact of digitization reforms in Rajasthan, based on a survey of beneficiaries of several benefit programs. We find that, on balance, the reforms appear to have improved perceptions of service delivery despite some difficulties during the digitization process and the possibility that there could have been some degree of exclusion.

Publication

Emerging economies face a contemporary challenge to traditional pathways to employment generation: automation, digitalization, and labor-saving technologies. 1.8 billion jobs—or two-thirds of the current labor force of developing countries—are estimated to be susceptible to automation from today’s technological standpoint.

Publication

This brief essay explores a key but often overlooked hurdle to using blockchain solutions, which is the complexity that decentralized solutions necessarily introduce. At times, the benefits of such solutions appear to exceed the added cost of complexity but often they do not. With this tradeoff in mind, the paper considers two use cases, digital ID and health supply chain management.

The Next Billion Customers: Is Technology the Key to Closing the Global Gap in Financial Services?

Over 1.7 billion adults worldwide remain unbanked, but two-thirds of them own a mobile phone that could easily connect them to the financial services they need. Governments could leverage digital payments to bring wages, pensions, and services directly to their beneficiaries. Private sector banks could provide digital accounts, loans, and savings devices to a new, previously unreached market. And these unbanked adults could have safe and secure methods to save, invest, and transfer money.

Are Biometric ID Systems Good for Women?

Can biometric IDs encourage women’s financial inclusion and economic and social empowerment? In principle, the answer should be yes. But the potential impact is limited by a range of other impediments that limit women’s participation.

Can Robots Save Banks? RegTech’s Potential to Solve De-Risking

Policies put in place to counter financial crimes have unfortunately had a chilling effect on banks’ willingness to do business in markets perceived to be risky—due in part to the high price of compliance. Even as changes are being made to address this problem, financial institutions are developing solutions in the form of new cutting-edge technologies to help them comply better and faster with anti-money laundering regulations.

Vijaya Ramachandran and Jim Woodsome
Publication

Even while policy solutions to address de-risking are being implemented, new technologies have emerged to address de-risking by increasing the efficiency and effectiveness of AML/CFT compliance by financial institutions.

Pages

Experts