Telco provided mobile wallets
Most successful African and Asian mobile money and mobile wallet deployments are now ready to enter the next phase of development to include loyalty, promotions and alternative financial transactions.
Nationwide Independent Consumer Financial Networks
bCODE provides the enabling technology for emerging markets to create a nationwide mobile money platform independent from traditional providers to process interbank and joint bank/telco financial transactions.
Closed Loop Financial Exchanges
bCODE provides the enabling mobile money technology to give wholesalers, who supply consumer goods to retailers large and small, with closed electronic payments as a form of an exchange, eliminating the need for expensive cash distribution and inventory administration.
Non-Governmental Organizations Initiatives
bCODE’s core function is the identification of people. In many emerging markets, there is an absence of a national ID system, which often complicates the work of NGOs trying to deliver services to those in need. Organizations such as the WHO and their Expanded Program on Immunization (EPI) can use bCODE in underdeveloped countries where adequate and reliable communication and infrastructure are often absent. The NGOs would benefit from tracking and alerts that bCODE would provide to mobile users.
Distribution of Government Subsidy Programs
Many governments around the world provide medical, financial and food subsidies to their citizens. Often slow distribution, fraud and a lack of accountability plague the effectiveness of these programs. bCODE provides the technology that would allow governments to increase the speed of distribution, track redemption of vouchers and increase transparency of subsidy programs.