Recent Endorsements

You've left us really enthused about the whole digital dimension and we're looking forward to developing our plan with your support.
Simon Beardow - Deputy Director, British Council, Vietnam

Showing posts with label Mastercard. Show all posts
Showing posts with label Mastercard. Show all posts

Friday, 10 December 2010

Where To WikiLeaks?

Logo used by WikileaksThere is an irony that the first person to coin the phrase "The first casualty of war is the truth" was a US Republican senator, Hiram Warren Johnson, in 1918.

The Wiki leaks saga currently being played out online is all about truths and war and who should be held responsible (and who would rather avoid responsibility).

I am rather ambivalent about the Wikileaks site and have rarely viewed it. However one of its strengths is that it has proved without doubt, the duplicity of diplomacy; what has been said publically is often at complete variance to what is being shared in private.

The Wikileaks site provides a public service in providing balance to the often sanitised media coverage of global events.

Were they unwise to put up content such as a hit list of potential terrorist targets, as identified by governments? Probably, as the greater public good is not served by such exposure. But who determines this 'public good' ? This is the crux of the argument that is raging.

Make no mistake, this is a cyber war like no other. It is not simply the activities of the 'Anonymous' supporters who are currently promoting Operation Payback that are the primary focus of governmental wrath.





It is not even about Wikileaks spokesman Julian Assange, who is facing rape charges in Sweden. These charges are apparently based on circumstantial evidence and the word of one party against another. A suspicious mind might conclude that the Dirty Tricks brigade have been active in getting such a prosecution on the books; again not an unusual development in a war situation.

This cyber war is about who controls the internet and if it can be controlled? Attempts to shut off Wikileaks money supply and block their domains are unlikely to succeed as the ground swell of netizen support is growing.

At time of writing there are at least 1,200 "mirror sites" on the Net hosting WikiLeaks content and this number is growing by the hour.

'Anonymous' is deploying botnets which bombard sites that are siding with government directives. In the past these botnets have been used by criminals to take over computers but in this case owners are downloading the software and installing it voluntarily.

Twitter has shut down the trending capability of #wikileaks although it denies that this has anything to do with governmental pressure.  Their explanation:

"Twitter Trends are automatically generated by an algorithm that attempts to identify topics that are being talked about more right now than they were previously. The Trends list is designed to help people discover the 'most breaking' breaking news from across the world, in real-time. The Trends list captures the hottest emerging topics, not just what’s most popular. Put another way, Twitter favors novelty over popularity ".

As the chart right shows, topics related to Wikileaks such as "wikileaks founder" still feature in the trends.

Mainstream media have been following the Wikileaks story and a few, such as The Guardian , are featuring real time updates of cable releases.

The final word should perhaps go to The Economist who earlier this month published an article under the title " Missing the point of WikiLeaks"

"The basic question is not whether we think Julian Assange is a terrorist or a hero. The basic question certainly is not whether we think exposing the chatter of the diplomatic corps helps or hinders their efforts, and whether this is a good or bad thing. To continue to focus on these questions is to miss the forest for the texture of the bark on a single elm. If we take the inevitability of future large leaks for granted, then I think the debate must eventually centre on the things that will determine the supply of leakers and leaks. Some of us wish to encourage in individuals the sense of justice which would embolden them to challenge the institutions that control our fate by bringing their secrets to light. Some of us wish to encourage in individuals ever greater fealty and submission to corporations and the state in order to protect the privileges and prerogatives of the powerful, lest their erosion threaten what David Brooks calls "the fragile community"—our current, comfortable dispensation."
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Wednesday, 16 June 2010

Boku Garni And Other Micro Payment Recipes For Success

Micro Payment Systems can revolutionise business in developing countries and is doing so according to an early report from InfoDev that provided an assessment of mobile-enabled financial services in the Philippines.

Their crystal ball gazing in 2006 has turned out to be a very accurate prediction.

Cash is king in the rural hinterlands of most developing countries but this is a far from secure arrangement.  According to the report 3.5 million people in the Philippines were then using a service that allowed them to transfer money over the two major mobile networks.

The ability to make remote payments in this fashion is a  win-win for the consumer, the operator and the retailer.

In 2010 major credit card companies such as Mastercard have opened their API to App. developers and companies such as Paypal are keen to remind everyone that they remain very much in the game.  PayPalX has already been integrated into many applications and they have recently turned their attemtion to the possibilities of Google's Android.

Twitpay uses the power of micro blogging to make a micro payment and is also intregated with Paypal.

Another big mover in the micropayment market is Boku  which does away with the need for any form of plastic card.  They claim a 60% conversion rate as opposed to 7% using traditional credit cards on line.



 

Four key things to consider when selecting a provider:
  • who understands the current digital climate best and is adapting their product to meet the market?
  • who has the lowest fees?  - per transaction, hidden costs?
  • which system provides the easiest integration with your current operation?
  • who has a proven track record and longevity? (there have been many micropayment providers that have failed in the past so my advice is to stick to the tried and true)

Most of the past debate around micro payments has been in paying for content in publications, with Mr Murdoch (not surprising) being a staunch advocate.  The debate will rage until the case is commercially proven, either way. 

The fact remains that people are prepared to make micro payments for the services that interest them and there is also an opportunity to capitalise upon impulse buying.
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