Ask HN: Which developing nations have interesting tech stories at the moment?
India | Telecom | 110M subscribers on-boarded in 100 days<p>To summarize: Jio, which is our cellular telephony play, now is the world's largest cellular data network (pumping 22,000 TB per day) and onboards a million customers a day! We now have 110 million subscribers (in ~100 days).<p>This became possible when the telco regulators here gave a go ahead to use the Govt of India's pet biometric auth project Aadhaar[1] to accept electronic KYCs(proof of identity+address). A typical SIM issue took us <3m enabling Jio to issue 1M+ SIM cards a day in a developing country where printouts of PoI and PoA were mandatory.<p>This infrastructure as the physical layer coupled with the fact that India has 40% YoY growth rate in Internet penetration[2] has opened up a fintech opportunity in a $50B market that BCG and Google estimate[3] to be in the tune of $500B+ by 2020.<p>Disclosure: I work with JioMoney's product team in Bangalore. We are building the payments infrastructure on top of Jio and other telcos. We're hiring![4]<p>1. <a href="https://en.wikipedia.org/wiki/Aadhaar" rel="nofollow">https://en.wikipedia.org/wiki/Aadhaar</a>
2. <a href="http://www.kpcb.com/blog/2016-internet-trends-report" rel="nofollow">http://www.kpcb.com/blog/2016-internet-trends-report</a>
3. <a href="http://image-src.bcg.com/BCG_COM/BCG-Google%20Digital%20Payments%202020-July%202016_tcm21-39245.pdf" rel="nofollow">http://image-src.bcg.com/BCG_COM/BCG-Google%20Digital%20Paym...</a>
4. <a href="https://news.ycombinator.com/item?id=14030014" rel="nofollow">https://news.ycombinator.com/item?id=14030014</a>