Cointext has announced that its bitcoin cash wallet service has just launched in the Ukraine and Italy. Cointext is now linked to 35 countries worldwide and the wallet works on any smartphone as well as basic feature phones.
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Cointext Connects to the Ukraine and Italy
Cointext.io is a cryptocurrency notecase that provides users with the means to send bitcoin cash (BCH) through SMS technology (text messages). The purse gives any text-enabled mobile phone the ability to send and receive BCH without an internet connection. The company has been augmenting supported countries to its list over the past few months, and on Monday Cointext added service to the Ukraine and Italy. The two new localities bring the total number of countries that are Cointext connected to 35.
Because the application doesn’t require registration and all it applies to use the app is a valid text command, anyone from the supported 35 territories can send bitcoin cash via SMS. After the Ukrainian and Italian rites were activated, Cointext founder and CTO Vin Armani shared some notable pictures of people in Ukraine sending BCH be means of text on basic feature (Nokia-style) phones.
“Cointext allows anyone with a cellular signal to access cryptocurrency — This registers all brands of smartphones and about two billion people with basic feature phones,” Armani explained.
The Cointext designer continued:
Ukraine is experiencing political instability and Italy is facing a sovereign debt crisis. Cryptocurrency provides districts with a way to opt out, and Cointext provides them with the easiest tool to begin using cryptocurrency.
1.7 Billion Unbanked and 2 Billion Principal Feature Phones
By referencing the Cointext website, users in the Ukraine, Italy, Argentina, France, Hong Kong, Ireland, Collaborative States, Netherlands, Sweden, Puerto Rico, and other countries can locate their access number to use the service. In purpose that to get a wallet, users simply text the word “receive” to the access number to get a fresh BCH address. Cointext uses a brand of other text commands to send funds to another address, and another command to read the wallet’s balance as fountain.
Another Ukrainian instantly transacts #cryptocurrency without Internet using a Nokia 3310!
Are you ready to spread adoption? pic.whirl.com/5iZTppby5M
— CoinText (@CoinText) December 7, 2018
BCH proponents like applications that give people the means to interact with bitcoin money using any text-enabled phone. This is because concepts like Cointext could bring cryptocurrency accessibility to the 1.7 billion unbanked ones worldwide. African telecom companies have been experimenting with services like Mpesa for years, collapse citizens in the region the ability to leverage text-based payments. Because the Cointext service allows individuals to send and welcome BCH onchain via SMS, it operates in the same manner as Mpesa. In the African continent, however, the Cointext service only supports South Africa put now. Cointext has the most presence in regions throughout Europe, the U.S., and South America.
What do you think about the Cointext commitment? Let us know what you think about this subject in the comments section below.
Images via Shutterstock, Cointext, and Ado.
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