Weekly 'Pulse' Issue 48

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The End of Split Bills

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Splitting a bill at a restaurant is one of those painful tasks which sees you revisiting high school maths and awkwardly asking for payments. For a generation of millennial renters, splitting bills on a daily basis has become the norm, with everything from water to one off household expenses split amongst roommates.

UK based app Acasa seeks to make the task a little bit less frustrating, offering them a platform that takes control of the bill splitting and reminds everyone of their individual payments. Beyond just bills, any purchase; from TV to toilet paper, can be added, allowing clarity on all household expenses... and moving forward, Acasa is even working towards partnering with telecom and electricity providers to make it even easier by keeping track of all the statements too.  

Read more at:  https://goo.gl/x3m9KW

How can finance and technology keep up with the demands of norms in shared and merged finances? 


Power-Houses

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Powerhouse may have a new definition after the pilot testing of a housing development in the UK town of Neath.

Aimed at testing a house's ability to be it's own power station, the project aims to use the existing technologies of solar roofs, solar collectors and shared battery storage to create self sufficient electricity. Initially the houses will be connected to the grid for occasionally cold days, while also giving the owner the potential to sell any excess electricity back to the grid. Down the track though, the project seeks to improve it's ability to store electricity for later use, allow it to be independent of a power grid completely.

Read more at: https://goo.gl/MVkxBv

How can we develop localised solutions that can tackle large-scale, global and environmental issues? 


Help From Above

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Sentinel 1A, a satellite program launched with the European Space Agency, has been tracking the severe drought in the south Indian state of Tamil Nadu which has led to the suicide of 254 farmers and continues to affect over 1 million rice farmers.

The satellite uses radar sensors which can record the roughness and moisture of crops on the ground during any weather conditions. Sending this data to agricultural intermediaries and Universities in the local area has allowed farmers to provide objective evidence of the damage to their land to insurers, speeding up the process of validating insurance payouts. 

Read more at: https://goo.gl/KaTFVn

How can we add the technology to the toolkit of those in traditional agricultural industries and provide a means of support in times of natural hardship?