Mobile Money – Opportunity In India
Saturday, October 1, 2011
The history of money has been very interesting; it has evolved from a barter system to commodity money, paper money and recent to plastic money. This evolution has been driven by a couple of common factors, namely convenience and security. However the benefits of this development are being enjoyed only by a privileged few and this gap is even wider in the developing countries. This means there is a vast unaddressed market that needs access to the banking services. But providing these services at a low cost, so as to make it a viable business model has been a major reason why there has been a prolonged delay in addressing this market. However today with the mobile device becoming a ‘must have’ for all segments of society, the prospect of using mobile as the delivery channel of banking services is being actively explored. The mobile phone can be used as a ‘pre-paid instrument’, ‘bank account linked instrument’ or ‘mobile finance instrument’.
Friday, July 1, 2011
According to World Health Organisation, telemedicine is defined as, “The delivery of healthcare services, where distance is a critical factor, by all healthcare professionals using information and communication technologies for the exchange of valid information for diagnosis, treatment and prevention of disease and injuries, research and evaluation, and for continuing education of healthcare providers, all in the interests of advancing the health of individuals and their communities”. Telemedicine is not a specialty but a tool which uses Information Communication Technology (ICT) and clinical medicine. It is a subcategory of a wider Tele-health care category which includes applications like fall detection, bed monitoring, panic alarm etc. Telemedicine has enormous potential to meet the challenges of present medical infrastructure mainly capacity and delivery of healthcare. This is especially relevant in rural and remote locations where the delivery of health services is a major concern.