Gates Foundation announces LevelOne Project

The Gates Foundation has just announced their LevelOne project, which is
an attempt to extend financial services to the world's unbanked and
underbanked:

https://leveloneproject.org/

If you only have 5 minutes, here's a video summarizing the project:

https://leveloneproject.org/videos/overview/

A few weeks ago, I was invited out to the Gates Foundation to
participate in the work that led to this announcement. There is a very
large amount of overlap with the work we're doing here and the work that
the Gates Foundation needs to have happen to achieve the mission they've
outlined for the LevelOne project.

There are use cases that we should integrate into our use cases document:

https://leveloneproject.org/the-guide/user-requirements-behind-the-level-one-project-guide/

There is also a great deal of "lessons learned" that should deeply
impact our thinking wrt. the design of the Payment Architecture:

https://leveloneproject.org/the-guide/payment-systems-lessons-learned-and-highlights/

Finally, they've released a Digital Financial Services guide that
outlines the key components that they believe will lead to successful
deployments of digital payment systems.

https://leveloneproject.org/the-guide/guide-for-digital-payments-system/

This work, and the US Fed Faster Payments work, are two very important
guides that should impact the technical direction of the work at W3C.

I learned a great deal more during my time at the Gates Foundation and
hope to share with the group during our call next week now that the
embargo has been lifted.

-- manu

-- 
Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
Founder/CEO - Digital Bazaar, Inc.
blog: The Marathonic Dawn of Web Payments
http://manu.sporny.org/2014/dawn-of-web-payments/

Received on Friday, 1 May 2015 01:33:15 UTC