Startups

57 million customer Uber data breach didn’t affect Africa

Startups, Technology
Taxi-hailing company Uber has told ITWeb Africa that a recently surfaced data breach, which the company experienced last year affecting 57 million customers and drivers, only affected the US. The company would not comment or disclose details of measures it is currently taking to ensure the integrity of its systems and security of drivers or riders in Africa. Bloomberg reported that Uber not only kept the security breach secret from the victims, but also paid the hackers US$100,000 to "delete the data [and] keep quiet." Bloomberg quotes Uber as follows: "Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world...The personal information of about 7 million drivers was accessed as well, including some 6...
Healthbase launches to advance medical research through blockchain & tokenize patient records

Healthbase launches to advance medical research through blockchain & tokenize patient records

Startups, Technology
With its headquarters in Bonn, Germany, Healthbase is a blockchain tool set to revolutionize healthcare sector by helping digitize patient medical records and ensuring that medical researchers, care providers, as well as patients are given the best care by increasing access to their patient history and other related health data. The current infrastructure handling patient medical records and supporting therapies is composed of legacy systems that are no longer sufficient to meet the growing demands of the burgeoning medical industry in today’s age. “Health data is currently scattered across a myriad of platforms, thereby preventing holistic care while raising serious privacy and security concerns,” said Chris Meitner, CEO and co-founder of Healthbase. “We aim to leverage modern inf
South Africa’s Slide Financial, making payment as easy as sending a message

South Africa’s Slide Financial, making payment as easy as sending a message

Startups
South Africa’s Slide Financial founded by three young South Africans who recently returned from living in the States is simplifying the way South Africans pay each other by making payment as easy as sending a message. Inspired by PayPal-owned Venmo, the Slide app is a safe, simple and free way of sending money from one person to another using a mobile phone. Making a payment is as easy as sending a message. “Standard payments are often expensive and inconvenient, while cash is unsafe and not everyone has easy access to an ATM. This opened up the opportunity for Slide,” said co-founder Irshad Kathrada. Mobile phone penetration is growing quickly across South Africa, with more than 90% of adults having access to their own mobile phone, the slide team expects rapid growth as it helps low
LaLa World, Blockchain startup, aims for financial services for all

LaLa World, Blockchain startup, aims for financial services for all

Startups
LaLa World, a blockchain financial system has launched to counter the inherent shortcomings and apprehensions of the traditional financial system to bring the underbanked and underserved population of the world into the financial mainstream. According to the firm, it aims to venture where “no banker has gone before” with its plans to touch the lives of the vast population of the world whose lives haven’t been affected by the global financial system. Photo Credits: LaLa World has LaLa Wallet, a peer-to-peer ecosystem that aims to revolutionize the way in which people and micro and small businesses make transactions, payments and borrow money. It also aims to change how people buy insurance, remit money, perform daily transactions through cards (both virtual and physical) and buy bankin
Safaricom launches innovation center to come up with new products

Safaricom launches innovation center to come up with new products

Mobile, Startups
Safaricom, Kenya’s leading mobile network operator, and provider of the nation’s mobile money service, M-Pesa, has launched a new innovation center in Nairobi. According to Chief Innovation officer, Kamal Bhattacharya, a priority of the centre, dubbed Safaricom Alpha, is to identify spending patterns on M-pesa and turn those insights into additional Safaricom products. “Safaricom’s unique in that we have telco services and a financial services platform that connect nearly every household in Kenya largely on the basis of trade,”said Bhattacharya. He added they would like to move beyond M-Pesa by leveraging its power as a social network to connect people to other product solutions. Photo Credits: Safaricom has 73 percent of the Kenya’s mobile subscribers. Its M-Pesa fintec