Dhaka Thursday, July 25, 2024

Huawei to enable 500m people with digital financial services

2022-12-05 22:50:32 BdST

2024-07-25 03:26:38 BdST

At the recently organised CSD Forum 2022, Huawei reinforced its intent to increase its involvement in facilitating the operators to enable 500 million people with digital financial services.

The event involved ministers and regulators of multiple countries as well as representatives of global associations, said a press release issued on Thursday.

Liang Hua, Chairman of Huawei, presented his keynote at the hybrid model forum while Cao Ming, President of Huawei Wireless Solution, participated in the panel discussion with other internal and external panellists.

With the improved ICT infrastructure, Huawei has been working with partners to enable 500 million people to enjoy digital financial services and 500,000 people to enjoy inclusive education by 2025, the release said.

The keynote of Liang Hua represents the same. As a case of success in digital financial service, Liang shared the partnership of bKash and Huawei in launching a mobile e-wallet service and how that service enables financial inclusion in Bangladesh.

Having mentioned that, Liang highlighted that we are now moving from the mobile internet era to the intelligent era. In this new era, everything will be connected, and connectivity will be more than just a tool for convenient communications. It is not just the cornerstone of the digital economy, but a basic right for every human being.

He said, “To make this a reality, we are working more closely with industry organisations and partners in two areas. Firstly, we are working to enhance digital literacy and develop digital talent to bridge the digital divide; and secondly, we are working together to accelerate digitalisation for stronger digital and real economies.”

With that perspective, Huawei has provided connectivity services to nearly 1.1 billion people and 293 million homes across 20 Asia-Pacific countries (excluding China and India). Huawei has maintained a solid track record in security throughout, the release mentioned.

In 2021, Huawei maintained more than 300,000 base stations in the region, allowing 4G network coverage to reach 97 per cent of the population.


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