Ethereum
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ETH · 48w

Have We Hit The Bottom?

The project, which is being trialled in Oxford, is supported by Oxford University Innovation and Oxford’s Said Business School.

Neil Coyle MP, the Labour co-chair of the All Party Parliamentary Group on Ending Homelessness, said: “Necessity has again become the mother of invention and now there is an app to try and help generate more public donations to homeless people.

“This intervention should not be necessary but with a Government ignoring the scale of the problem, any extra donations may help homeless people directly.”

He added that homelessness has escalated in recent years, and the app will not help address the broader issues such as a lack of drug and alcohol cessation programmes, affordable housing and mental health care.  

Jon Sparkes, chief executive of Crisis, said: “It’s encouraging to see that people want to help rough sleepers, but the bigger picture here is that neither rough sleeping nor any form of homelessness should be an issue in Britain today.”

 The Big Issue has previously said that Britain's move towards a cashless society is contributing to declining sales as it trials contactless payments to help the homeless.

The magazine, which is sold by homeless people, has suffered as a result of people walking up and down Britain's high streets without coins and notes in their pockets, as they now rely on cards and mobile phones for payments.

Go to telegraph.co.uk
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ETH +6.73% · imf.org · 11h

Interesting paper: IMF - THE RISE OF DIGITAL MONEY

This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will ...