Keeping your sensitive data safe if your phone is stolen
CategoriesSustainable News

Keeping your sensitive data safe if your phone is stolen

Spotted: Mobile phone theft has become so common, occurring approximately every six minutes in London, that phone companies and the city mayor met in late 2023 to explore collaborative means of reducing such robberies. And, with smartphone capabilities having grown rapidly in recent years, the problem goes beyond the loss of a handset; a stolen smartphone now opens up the potential for criminals to access important personal data, including bank accounts and crucial passwords.

UK fintech startup Nuke From Orbit has created an app to help prevent the loss of such valuable data. The Nuke app allows users with an account to list other devices and a network of contacts as backups. Should the worst happen, and someone is locked out of their various accounts because their phone has been stolen, the user logs in via another device or listed contact to securely access their Nuke account.

Nuke From Orbit’s recent research found that 51 per cent of mobile owners use a digital wallet, which means that an unlocked phone poses great danger to the user if someone else is in possession of the handset. To alleviate that threat, Nuke From Orbit’s first-of-its-kind digital panic button allows account holders to block access to bank accounts, SIM numbers, web accounts, and more, as well as cancel bank cards. Users can then begin the onerous process of resetting passwords and ordering new bankcards but without the added stress of having lost money.

Nuke offers a free version of the app that provides protection for web accounts only. To protect bank accounts and payment cards, users must sign up for a monthly or yearly subscription. Nuke requires a minimal amount of personal data to set up an account, along with a relatively complex password, and there is no limit to the number of accounts that can be listed in the Nuke app.

As more of the world’s financial interactions move online and offline communities begin connecting to the internet, data security grows in importance. Innovations in Springwise’s library, like an offline banking platform and the use of blockchain in tracing supply chains, highlight some of the ways financial and digital transactions are being kept secure.

Written By: Keely Khoury

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Keeping food fresh naturally – Springwise
CategoriesSustainable News

Keeping food fresh naturally – Springwise

Every step of the food production process generates greenhouse gas emissions; but not many of us are aware of how much damage food waste does to the environment, causing up to 10 per cent of our global emissions. 

One-third of the food we produce globally is never eaten, with the financial cost of this wastage estimated $2.6 trillion per year. The environmental impact may be even higher over the long-term. Food that ends up in landfill generates methane, a particularly potent greenhouse gas, while reducing food waste has the potential to draw 87 gigatonnes of CO2 out of the atmosphere.

In India, the issue of wasted food is particularly acute, largely due to the need to transport and store food at ambient temperatures because, unlike in developed countries, cold storage is not widely available. India is the second largest producer of fruits and vegetables in the world behind China, but 40 per cent of its produce is lost before it even reaches consumers. This incurs significant costs for the Indian economy, contributes significantly to global emissions, and does nothing to improve the lives of the 14 per cent of people in the country who are undernourished.

The founders of GreenPod Labs, an agri-biotech company based in Chennai, south-east India, believe this is a preventable problem and have come up with a solution that can increase the shelf life of produce by up to 60 per cent. It produces sachets made of non-woven, gas-permeable membranes that are packed alongside the fresh produce during transportation and storage. The sachets contain 8-12 bioactive ingredients – specific to the particular crop – in powder form. These activate the built-in defence mechanisms in the fruits and vegetables, a bit like the way the human immune system responds to outside stresses. The process slows down the ripening rate and minimises microbial growth that contributes to rot. 

GreenPod Labs has completed products for three crops, with two more in the pipeline. It hopes to scale its business to include Africa and other countries in Asia, a welcome solution in regions where food security is already an issue, and climate change increasingly disrupts supply chains.

Written By: Matthew Hempstead

Video credit: RE:TV

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