BitSIM - Turning Phones into Bitcoin Wallets

BitSIM - Turning Phones into Bitcoin Wallets

In one of our previous articles, we have discussed about mobile payments and how its adoption is years behind schedule. We also discussed the need for new mobile banking and payment technologies to address not just the developed market, but also the developing markets. If these mobile based services are capable of running on any mobile phone, it can make a huge difference to both the company and the customers alike. It looks like we are reaching there sooner than expected. Following the success of M-Pesa and BitPesa, there is a new kid on the block aiming to revolutionize Bitcoin storage....


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It has always been a source of immense pride for me to have been part of the group of conference participants who were there at the initial launch of M-Pesa, back in 2006. Indeed, when I look at what M-Pesa has been able to do in the financial and technological sectors in Kenya, and then Africa, I feel a sense of pride to have been there at the dawn of a financial revolution. Introducing the zSIM. However with the arrival of the zSIM from bitSIM, it now seems that even M-Pesa must now give way to this new kid on the block. bitSIM has announced the release of a new thin card that can be....