Intel Corp., the undisputed king of computer chip making, has tapped the broad shoulders of a few heavyweights in its bid to take its wireless broadband dreams to various cities around the globe. According to one report, Intel has started a Digital Communities initiative that involves rolling out wireless broadband technology in thirteen communities in a way to make high-speed Internet access more accessible to more people. The effort, said Intel, includes help from companies such as IBM Corp., SAP AG and Dell Inc. And the plan also involves equipping governments with tools to enable mobile workers such as meter readers to more efficiently do their jobs. Philadelphia, one of the participating communities, has already announced plans to deploy Wi-Fi technology across a 135-sq-mile area, an effort to increase accessibility to high-speed Internet access. San Francisco has also committed to deploying Wi-Fi technology. A Yankee Group analyst quoted in one report noted that municipalities are very much interested in rolling out wireless broadband technology in an effort to lessen the so-called digital divide.
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...