Topic: Mass Adoption = Instant mobile transactions - page 2. (Read 702 times)
I want to see a quick payments mobile app be super successful especially one that says they will provide extra privacy like elixxir
Mass adoptation would surely happen but we need to give time to the rest of the world who are still facing strong antagonism from governments in their respective countries. Without the support of major countries with strong economy, mass adoption would really delay for sometime.
Only ignorance and unwillingness to understand the whole system looks frightening, but without knowledge we cannot move on. Many adhere to the principles and prefer to use the old, well-established methods of working with financial markets, but this is not correct. We have to go ahead.
You check on Telcoin as they are now testing the wallet. You can send Telcoin tokens using your mobile number. It's really cool and knowing that you can send a token like text messages. And in the next two years we will only be using our mobile phone to pay our goods and bills, with no fiat involved.
I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
We have here on our country that we called, coins, coins pro, and abra. These application let us utilize the cryptocurrencies that we have and to allow us to use it on different transaction such as paying a friend, paying bills, buying items and etc. I hope this apps should be widely adopted further soon on the market.
I think safety is more important than convenience. If the changes that you want to appear to not affect the security of cryptocurrency, then these changes can be implemented.
If you think about it from a user's perspective I think there are different use cases who will want specific details. For the general consumer scalability will be key but in the interest of the crypto community people will want privacy especailly on their mobile device. that's why I believe this project to be promising because it obscures metadata for both payments and messaging
not really, in my opinion mass adoption is a real use not for investments such as payments, transfers between countries or whatever. crypto is projected to destroy the boundaries that have existed because of traditional methods. so there is no need for instant transactions, because whatever type of use it is as long as it is used by everyone, it includes mass adoption.
I think instant transaction needed if we want mass adoption. Visa and MasterCard processing transaction more than 24k per second and if want to disrupt Visa and MasterCard, i think crypto transaction per second should be more than both. Merchant will more comfort if the transacion processes more faster
not really, in my opinion mass adoption is a real use not for investments such as payments, transfers between countries or whatever. crypto is projected to destroy the boundaries that have existed because of traditional methods. so there is no need for instant transactions, because whatever type of use it is as long as it is used by everyone, it includes mass adoption.
For mass adoption we need fast and secure transactions on easy and convenient way.
It has to be designed for ordinary people and not for tech people. Many project are
working on such solutions and I am sure there will find solutions.
It has to be designed for ordinary people and not for tech people. Many project are
working on such solutions and I am sure there will find solutions.
I believe that the use of the mobile phone to carry out instant transactions would not help too much the massive adoption of cryptocurrencies, because the vast majority of people use the mobile for communication and entertainment purposes, not to carry out their financial transactions. In fact, there are already banking applications capable of doing this, and yet its use is not widespread.
But perhaps the acceptance of the banks to carry out transactions with cryptocurrencies could be more useful in that sense, as well as the use of simple platforms to make minority purchases in neighborhood stores and department stores.
But perhaps the acceptance of the banks to carry out transactions with cryptocurrencies could be more useful in that sense, as well as the use of simple platforms to make minority purchases in neighborhood stores and department stores.
I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Mass adoptation of cryptocurrency is only a matter of time. For 10 years, the audience of cryptocurrency and in particular Bitcoin has seriously increased. Many people have not only heard about Bitcoin, but also have experience using one or another cryptocurrency.
As for information about cryptocurrency, then any modern Internet user at least once, but heard about the existence of cryptocurrency.
In my opinion, mass adoption should have some indicators before it happens. If people agree to shop with the crypto then it will be easy to accept the crypto payments by others.
It just hard to predict when it will happen, maybe a good news can inform us about the future mass adoption. We are all using a mobile phone so i guess, having a faster mobile transactions will give confidence for us to adopt and it can also attract businesses to accept cryptocurrency.
One of the easiest ways that i had always thought we could easily reach mass adoption, is for the projects that come to the crypto space to have viable products that will be useful to humanity, her environment and online things as well.
Investors are looking for projects that will bring value to the coins they have invested in. Most times , they are not just investing by buying the coin to expect a pump at the end of the day, but for the product to be useful for all.
Investors are looking for projects that will bring value to the coins they have invested in. Most times , they are not just investing by buying the coin to expect a pump at the end of the day, but for the product to be useful for all.
I think fairly good transaction speed already takes place. Though not all bitcoin transactions are very fast, transactions still take place nicely on Peer-to-peer level via mobile wallets.
Instant transactions will probably be mostly needed for buying on physical market with bitcoin. Online buyers and sellers don't worry too much about that.
Instant transactions will probably be mostly needed for buying on physical market with bitcoin. Online buyers and sellers don't worry too much about that.
I believe that the introduction of such a technology into the masses will not give good results from the very beginning and the fact that the technology is still damp and requires upgrading and testing for hacker attacks and the like only after that it will be possible to talk about the introduction into the masses.
I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Elixxir is a project that has kept people waiting and waiting but its development has been in a slow pace. Making quick and easy for payments alone can't be considered as mass adoption. Mass adoption surpasses that and mass adoption comes into play when big companies and industries start using blockchain for the benefit of all. Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
I think the mass adoption can be made only if people will afford to buy crypto and hold, and shops with crypto, but indeed maybe lightning network can help because of speed of the transfer, and yes a smartphone will help because of portability.
Yes mass adoption is coming all over the world but we need more time as it is not so easy for the people to adopt in this kind of technology. If you are reading news, there are so many bitcoin ATMs out there and bitcoin used as a payment in stores using lightning network which is very awesome step towards mass adoption.I think the foundations of a massive adoption is already in the works right now and they will become an integral part on the crypto revolution! Such advances in mobile communications technologies like 5G networks, high performance cellular phones and high speed wireless networks and recent developments in blockchain technology including hardware and the emergence of crypto projects with viable use cases could hasten crypto adoption since it could enable ordinary people to tap blockchain networks easily and efficiently.
I think the mass adoption can be made only if people will afford to buy crypto and hold, and shops with crypto, but indeed maybe lightning network can help because of speed of the transfer, and yes a smartphone will help because of portability.
Yes mass adoption is coming all over the world but we need more time as it is not so easy for the people to adopt in this kind of technology. If you are reading news, there are so many bitcoin ATMs out there and bitcoin used as a payment in stores using lightning network which is very awesome step towards mass adoption.
Electroneum has is a crypto that has an IOS and Android app that allows instead send/receive from one user to another, dunno if that helps.
Electroneum is planning for mass adoption.
Electroneum is planning for mass adoption.
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