Economist.com is covering a story about how the mobile web will influence social change in developing countries. The story is providing lots of numbers about China and other LDCs. It is also mentioning M-Pesa, which we introduced before here and there. Apparently W3C founded a group which will provide models and standards for such applications.

For the W3C, M-PESA and its ilk are harbingers of far more sophisticated services to come. If mobile banking is possible using a simple system of text messages, imagine what might be possible with full web access. But it will require standards to ensure that services and devices are compatible. [Snip taken from here]

[Image taken from here]