Recently, I was thinking about the lite wallet and mobile development in Bitshares and I remembered watching this TED Talk
a few months ago and being very impressed by it. An SMS service using BTS could facilitate transactions which currently (due to hardware requirements and a lack of fast internet) are unable to even access BTS.
In a larger sense, many of the people who would use an SMS service don't have bank accounts, and their currencies are not nearly as stable as if they had a BitUSD, BitCNY, or BitGOLD asset. Allowing them to have a private, secure stash of wealth (not under their mattress) would do a lot for facilitating development.
I found evidence of one mobile banking
system already in place by Vodaphone
and others examples of unique innovations such as SMS weather services, cloud storage, and job boards. (Parent link
for all of these innovations.)
Does BTS have anything like this in development for unique market penetration?