Week 4 Milestone Worksheet - Professional Foundations
Week 4 Milestone Worksheet - Professional Foundations
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Professional Foundations | Week 4 Milestone Worksheet
Problem Statement
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The Problem: Ghana lacks an efficient and transparent digital payment system, limiting financial
inclusion and economic growth.
Why It Matters: A better system would increase access to financial services, lower transaction costs,
and boost economic activity, helping businesses and individuals thrive.
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Professional Foundations | Week 4 Milestone Worksheet
Who is Impacted?
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Professional Foundations | Week 4 Milestone Worksheet
Research Approach
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Professional Foundations | Week 4 Milestone Worksheet
Research Objectives:
1. Identify inefficiencies in Ghana’s digital payment system.
2. Explore how technology (e.g., blockchain, AI) can improve security and transparency.
Research Questions:
1. What are the key barriers to digital payment adoption?
2. How can blockchain enhance security and trust in Ghana’s financial ecosystem?
Research Plan: Surveys, case studies, and system analysis.
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Professional Foundations | Week 4 Milestone Worksheet
Research Finding 1
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Only 40% of Ghanaians have formal bank access, making digital payments crucial for financial
inclusion.
(Source: World Bank)
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Research Finding 2
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Mobile money transactions grew 150% in 5 years, but fraud and high fees remain major
challenges.
(Source: Bank of Ghana)
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Research Finding 3
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Professional Foundations | Week 4 Milestone Worksheet
70% of small businesses still use cash due to digital payment concerns.
(Source: Ghana Statistical Service)
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Professional Foundations | Week 4 Milestone Worksheet
Problem Breakdown
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Using McKinsey’s Framework, the problem is divided into three key areas:
1. Infrastructure Issues – Poor mobile money and banking integration.
2. Security Risks – High fraud discourages adoption.
3. High Costs – Transaction fees limit widespread use.
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Professional Foundations | Week 4 Milestone Worksheet
potential solutions must use technology. Be sure that each of your 3 ways is
“SMART”- Specific, Measurable, Achievable, Relevant, and Time-Bound.
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Professional Foundations | Week 4 Milestone Worksheet
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Professional Foundations | Week 4 Milestone Worksheet
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Professional Foundations | Week 4 Milestone Worksheet
Slide 12 Title
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User Story:
As a small business owner, I want a secure and low-cost digital payment platform so I can accept
payments without worrying about fraud or high fees.
Acceptance Criteria:
Users can send and receive payments with low transaction fees.
The system must provide real-time fraud detection and transaction transparency.
Businesses can track and verify all payments securely via blockchain.
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Professional Foundations | Week 4 Milestone Worksheet
Measuring Success
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Key Metrics:
Adoption Rate: Number of businesses using the platform.
Fraud Reduction: Decrease in fraudulent transactions.
Transaction Volume: Growth in processed payments.
Measurement Approach:
User feedback surveys
Data analytics on transaction success rates
Fraud case reports before and after implementation
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Professional Foundations | Week 4 Milestone Worksheet
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Professional Foundations | Week 4 Milestone Worksheet
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Professional Foundations | Week 4 Milestone Worksheet
Slide 16 Content
Please use all this content to create your slide deck. Add
any missing visual elements, and fix the aesthetic and
design of the slide deck.
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Professional Foundations | Week 4 Milestone Worksheet
https://docs.google.com/presentation/d/1w2JIehDvkkvkJv2pyMGzpJrClJKKV1lk/edit?
usp=drive_link&ouid=102807912058482830721&rtpof=true&sd=true
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