Showing posts with label Idea. Show all posts
Showing posts with label Idea. Show all posts

Thursday, January 04, 2007

Lend Some Money

Kiva lets you lend to a specific entrepreneur in the developing world and empowering them to lift themselves out of poverty. This means, you can sponsor a small business by giving loan for 6-12 months period.

The scheme is straightforward in four steps:
  • Lenders pick a business and make a loan using their credit card.
  • Kiva transfers this funds to local partners. Partner disburses loans to each business.
  • Over time, partner collects repayments and provides business updates at Kiva.org
  • and finally funds are returned to lender which can be withdrawn or re-loan.
So you can start lending by as little as $25 through credit card and can help a person of developing nation to grow their business.

Tuesday, November 28, 2006

Data on Paper : Seems Interesting But ...

Sainul Abideen explains the features of his Rainbow TechnologyAs reported in Arab News, A Kerala MCA student Sainul Abideen has developed a technique for portable data whereby the data can now be stored on ordinary paper.


The two interesting feature of his technology are:

Rainbow Technology :- It uses Rainbow Formatting for data storage i.e. geometric shapes like circles, triangles with various colors instead of usual 0 and 1 bit. So all data has to be converted into this format for storage which i think needs extra calculation and computing time. Also for me this format is like enhanced version of Bar Code.

Biodegradable:- Another controversial feature is biodegradable as its uses normal paper for storage. As most of the papers are created using trees (so there is more cutting :-( ). Also using paper is like we are circling back to file era of previous decades.

He also proposes that it will reduce the cost from normal CD or DVD but there are some others who have some questions with support of various mathematical calculations for feasibility (or in-feasibility) of this technology or roughly considers it as scam. I don't think it is a scam because he did not made any false money yet instead he presented his thought or say his research work which may be right or wrong.

Anyway there is still not enough information available to conclude anything.

Wednesday, August 23, 2006

If you have an Idea

My Dream App is a contest for new ideas of best shareware product(A Killer Application) for Macintosh (Don't worry you don't need to be Mac user for this).

They are giving away 18 iPods and 6 Macintosh computers as prizes. Also they will help in shareware development of 3 best ideas with lifetime royalty.

I strongly suggest that you should enter in this even if you don't have any big/cracking/fundoo ideas.