In the last week of March, there was a meeting in Mendoza, Argentina, it was the Special Meeting of Governors of the BID (Banco Interamericano de Desenvolvimento). Dyogo Oliveira, who is the Management, Development and Planning Minister, fought for greater private investments in infrastructure in Brazil. Dyogo Oliveira has hopes the BID might engage in promoting studies that will find more efficient solutions in the risk management projects that might increase private investments.
Luis Caputo, who is the minister of Finances of Argentina as well as the Assembly of the Governor of the Bank, agrees that the BID should also promote private investments. Felipe Montoro Jens also notes that even the Economy Secretary of State of Spain states that Brazil is its primary investment country. Find out more at consultasocio.com to learn more.
For the 4.0 industrial revolution to occur, the BID must not only invest in highways, but it must invest in other more advanced kinds of infrastructure. Dyogo Oliveira, from Brazil, feels that the fourth industrial revolution is on way.
Felipe Montoro Jens also notes that the president of the BID, Luis Alberto Moreno, says that converging infrastructure is essential for the industries to evolve and be able to meet growing social demands. Luis Alberto Moreno believes in this development as well as equal opportunity as well as environmental sustainability.
Dyogo Oliveira also states that PPPs (Private and Public Partnerships) for public construction development have been an important part of increasing infrastructure and alongside other multilateral agencies that Brazil participates in.
According to the Minister of Management, Development, and Planning, the PPPs are also popular in the Caribean as well as in other parts of Latin America. Throughout the last decade, there have been around one thousand PPP infrastructure projects that represent about US$ 360 billion. A prevailing issue in many projects is the obstacle of attracting private capital. In 2017 alone, in Brazil, the BID lent around US$ 12.9 billion. Felipe Montoro Jens notes that this is 20% greater to that in 2016.
Blockchain is a term that has been in mouths of many people in recent years. Since the rise of the digital currencies such as bitcoin, this technology has gained ground significantly as a means of securing transactions. It is an electronic ledger that cannot be altered. Every transaction can be viewed. The system has been working well with the digital currencies and has proved to be a viable way of protecting even other things apart from digital currencies. Blockchain has proved to be almost hack-proof. The system can only show data that it is allowed to by the account owner. If used appropriately, there many industries where it can be used to reduce incidences of fraud. One industry that will not be left behind according to financial expert Paul Mampilly is medicine.
Blockchain can tell whether your prescription medicine is working properly. How can this happen, many people may wonder? By use of an e-pill, it is possible. The pill will contain digital sensors that will send a signal to a mobile application on whether the expected reaction has taken place. In such a scenario, one will know whether to see a doctor or know the pill has worked. Another benefit is that a doctor can tell whether the patient is taking a pill or not. If a patient misses a pill, the doctor can know and even inform the patient about it. By following how drugs work, it is possible for manufacturers to make adjustments to increase the efficiency of the drug.
About Paul Mampilly
Paul Mampilly is a leading financial expert in the United States. He is a winner of the Templeton Foundation Award in 2009 where he emerged as the best trader in the Wall Street. He has worked as a hedge fund manager for an organization that was ranked as the best return hedge fund for the period he was in this business. Paul Mampilly is now working for the millions of Americans who need support so that they can accumulate wealth. He is at Banyan Hill Publishing working as a senior editor. He has authored investment materials such as the Profits Unlimited newsletter.