smartphone is cheap now. And how do you know we need a SMS solution?do you have some figure?
Africa definitely stands to benefit the most, in relative terms, among continents, from crypto, and especially bitshares.
On that front, I'm very excited about this mobile wallet. Wow.
In Africa everybody use a mobile phone but the problem is 99% don't have Internet on them, so light wallet will not help much. What we need is a SMS solution. So basically we need a big mobile provider in our side.
Very true, but I wonder if it isn't more like 97% - and that 3% of smartphone-enabled African business is not to be sneezed at. Seriously.
To cater for SMS customers, no telco partner is needed; it's just a matter of web-wallet provision with SMS integration.
I do not think SMS is a good solution, because it may seems hard to understand the concept.
For the African marketplace this makes sense actually. SMS dominates the marketplace. You have to understand the masses there can't afford brand new phones. Most of the phones we have tossed over the past decade are now being used and repaired there. I spent several months in Nigeria myself and actually spent a lot of time with a phone repair guy and saw first hand how cellphones were treated there. Though that was over a decade ago.. the economic conditions haven't gotten better.
I know there are all kinds of solutions that are being developed around the use of SMS as a medium to reach the masses there. I have been approached a few times on a few projects in the Nigerian marketplace.. and among them was an SMS based solution.
I think something like this would be HUGE actually. This to me would be a worthy project with the right connections could take off.
Nigeria alone is a population of 174 million.. and because of the social economic situation there and the difficulties the current banking system imposes in moving money.. yeah.. I think we have a sweet spot opportunity.
If anybody out there is interested in pursuing this, I have some pretty good connections in Nigeria that could possibly help to gain a foothold in the market there. Oh yeah and I have a data center in Canada to power it too.
Saying that now.. while we are talking about Africa as a market.. lets not forget that SMS is still just as much a standard in messaging worldwide.. no need for an app.. cross platform compatible.. yeah I can see this working.