Refugee Camps Are Turning Into Permanent Cities - Can They Be Smart Cities?

Digitizing the refugee camp economy could also prove useful in developing a financial foundation for refugees themselves. Currently, it’s next to impossible for unbanked people, especially those operating in cash or voucher-based societies, to become eligible for asset-building materials like business loans. But if a refugee’s payment and transaction records are all tracked and recorded digitally, that could provide a financial history and identity that could be used in assessing and verifying a refugee’s eligibility for a loan (companies like First Access, as Fast Company has written, are already experimenting in this space by using mobile-phone payments as a way to determine financial stability).