Social media giant, Facebook has announced its entry into the trading ecosystem with the introduction of a new sales platform- Marketplace. According to Facebook, buying and selling activities started on Facebook Group and has grown substantially as more than 450 million people visit buy and sell groups each month, from families in a local neighborhood to collectors around the world. Facebook says Marketplace is a convenient destination to discover, buy and sell items with people in your community. To explore Marketplace, simply tap on the shop icon at the bottom of the Facebook app. Marketplace opens with photos of items that people near you have listed for sale. To find something specific, search at the top and filter your results by location, category or price. You can also browse what’s available in a variety of categories such as Household, Electronics and Apparel. Use the built-in location tool to adjust the region you’re looking in, or switch to a diff...
The International Telecommunications Union (ITU), has revealed that m ore than 2 billion adults, most of which are from developing economies do not have a formal bank account. ITU pointed out that recent growth of digital financial services which includes banking, has allowed millions of people to perform financial transactions relatively cheaply, securely, and reliably but the 2 billion unbanked and underserved population across the globe are however excluded from these digital financial services. Noting that low levels of financial inclusion represent a barrier to socio-economic development in developing countries, ITU asserts that "mobile money can be a game changer for people of limited income and an enabler for financial inclusion in developing countries''. "Out of the 2 billion that are unbanked, it is estimated that some 1.6 billion have a mobile phone in their households and this is an opportunity to close the financial inclusion gap further...
The reason why so many people use the same simple password for every login is because it is difficult to remember dozens of different combinations of numbers and letters. Technology is on the verge of rendering passwords obsolete and also bolstering security. Security experts with Deloitte Global, an international network of business management consultants, have revealed that weak or stolen passwords are a root cause of more than three-quarters of corporate cyber-attacks which often cost many millions of dollars in technology, legal, and public relations expenses. According to the security experts, the ability to access digital information securely without the need of a username and password represents a long-overdue upgrade to work and life as passwords lack the scalability required to offer users full digital user experience. Digital transformation has ushered in new and more secure ways of protecting users’ data. Emerging technologies such as blockchain...
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