bitSIM Turns Any Mobile Phone Into a Bitcoin Wallet
One of the main concerns people have regarding Bitcoin payments is the fact that you always need an Internet connection in order to broadcast transactions to the network. For most of us in the western world, this is not a problem. But in the areas where Bitcoin could do some good — like Africa, and South America — Internet connectivity is scarce, which creates an issue. bitSIM wants to make Bitcoin and blockchain transactions available to anyone anywhere at any time. As the name suggest, bitSIM is a way to put bitcoins on any SIM card, regardless of what mobile phone you are using. If....
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BitSIM is a thin, flexible card that can be stuck on any existing SIM card as an add-on hardware layer. BitSIM converts the SIM card into a fully encrypted bitcoin wallet compatible with a wide range of cell phones, including cheap and unsophisticated feature phones. "BitSIM puts bitcoins on any SIM, on any mobile phone, for mass adoption and frictionless ecosystem uptake," claims the BitSIM website. Users will be able to pay locally with NFC-enabled phones, but also send and receive bitcoin with a simple SMS to other users anywhere in the world. The BitSIM website notes that this simple....
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....
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....
Freewallet’s Ethereum wallet is now available for Apple (NASDAQ : AAPL) iPhone users. The company known for its mobile first cryptocurrency wallet had its Ethereum wallet available only on Google (NASDAQ : GOOG — listed as Alphabet Inc.) Play Store for Android-powered mobile phone users until now. Freewallet is a well-known developer with mobile wallets for four different digital currencies at the moment. While the Bitcoin wallet is popular among the users, other wallets created by the company includes the Ethereum Wallet, Monero Wallet, and Fantomcoin Wallet. Unlike other simple mobile....
Token Hub Asia in the Philippines recently celebrated its one-year anniversary as a remittance service for an altcoin called Eternal Coin (XEC) serving the Philippines, Japan, Hong Kong and Korea. Eternal Coin is owned by a Japanese company called Atom Solutions. The service charges users a flat 2 Philippine peso (approx $ 0.04 USD) remittance fee. It is possible to send the funds directly to a recipient’s mobile phone. Remittance Via Mobile Phone. “Through the use of your own mobile device, Eternal coin is the world’s first digital currency in which the transmission can be performed with....