Nominated by Google: Will you vote for STRO?

Google’s project 10 100 is a call for ideas to change the world by helping as many people as possible. More than 150,000 ideas were submitted. Google chose a handful of finalists, and STRO’s idea is one of them! Do you support STRO’s projects? Then please vote for our idea.

Our ideas are part of the item: “Build better banking tools for everyone”. See this animation for a short explanation of our idea.

  • Fair world trade giving more opportunities to developing countries.
  • Cheap credits for small businesses.
  • Free banking via internet and mobile phone, linked to microcredits. This increases the outreach of microcredit considerably, as in developing countries the use of mobile phones often is widespread.
  • Safety, because you have to carry less cash around.

Do you support these ideas? And do you want that these ideas are implemented on a large scale financed with the Google prize money of $10 million for the five winning ideas? Then bring out your vote before the 8th of October for: "Build better banking tools for everyone"

Do you want more information before you bring out your vote? Below is a short summation of the four innovative ideas that are part of "Build better banking tools for everyone":

  1. Enable prepaid mobile phone bank accounts for millions of people working in the informal economy.
  2. Create a community-level electronic banking system for rural areas.
  3. These two ideas are partly based on STRO’s idea to link our open-source software Cyclos with the software of Micro Finance Institutions (MFI’s).
  4. Build IT-enabled kiosks which provide access to financial services
  5. This links with STRO’s idea to make small shops “mini-branches” of banks.
  6. Create a single world bank or supra-national currency, uniform rules and transparent public accounting.
  7. This idea is partly based on STRO’s idea to implement the “Bancor”, Keynes’ proposal to implement a world currency for international trade. This will result in a stable system for international trade, that gives poor countries the opportunity to optimize their economies.

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