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Innovation

Innovation

UN Global Pulse, a United Nations agency that seeks to use big data for the public good, has announced the winners of Data for Climate Action – an open innovation initiative to find solutions for climate change.  BBVA Data & Analytics collaborated with the initiative by providing statistics on credit and debit card transactions in Spain.

BBVA, in collaboration with Wave, conducted the first pilot that uses blockchain to automate the electronic submission of documents in an import-export transaction between Europe and Latin America.  Thanks to Wave’s solution, which uses Distributed Ledger Technology (DLT) and blockchain, BBVA was able to reduce the time required to send, verify and authorize an international trade transaction, which normally takes from seven to ten days, to just 2.5 hours.

This isn’t an article about magic or a secret trick for using cell phones. It’s simply about using the voice assistants that any mobile device contains: Siri for Apple and the popular “OK Google” for Android. Both allow users to send messages while leaving the smartphone on the table, untouched.