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?