Dash Integrated To Kripto’s Cryptocurrency-Enabled Mobile Phonesbr>
The main objective of the partnership is to provide Latin Americans with an innovative way to acquire, store or send Dash and other cryptocurrencies. Each Kripto Mobile phone in Latin America, which retail for under $100, will come with a Dash paper wallet, allowing users to instantly start using Dash.
Luis Sosa, Kripto Mobile’s co-founder, said that the partnership will expand Dash usage as a currency, particularly among unbanked populations.
“We are seeing an incredible transition period in Latin America with those who are unbanked, underbanked, or simply do not want to use the traditional banking system,” said Sosa. “Combining our accessible, affordable phones with Dash’s InstantSend transaction capabilities and low fees will provide a myriad of benefits to these communities. And with the addition of Bitrefill and other Dash apps, such as the Dash wallet, to our phones right out of the box, there’s simply no easier way to start using cryptocurrencies like Dash in everyday life.”
InstantSend is a feature of the Dash protocol that utilizes transaction locking and masternode consensus to facilitate instantaneous transactions on the Dash blockchain. It allows Dash to compete with existing centralized payment platforms such as VISA, who offer rapid transaction times. This technology will allow Latin Americans to pay for goods in the same time it takes a credit / debit card transaction to process, and at a fraction of the cost for the merchant. At time of writing, 1,033 merchants listed on DiscoverDash in Venezuela accept Dash payments.
Bradley Zastrow, Dash Core Group Head of Global Business Development, said that the partnership with KRIP will assist in accelerating the growth of the Dash ecosystem by giving everyone all the elements to acquire, store and spend their Dash right out of the box.
“The road to mainstream adoption will take more than sporadic airdrops or similar giveaways,” Zastrow said. “What makes the KRIP phone so unique, beyond being a great smartphone at a good price, is that it makes this user experience a central part of using a cell phone. Right out of the box, even users who have never interacted with cryptocurrencies have everything they need, and by working closely with the Dash community and Dash Help Me, new users have the necessary support structure in place should they need assistance. The critical element to moving to mainstream is the need for removing the friction that exists today with the cryptocurrency experience. We’re doing that with the KRIP phones.”
As part of the end-to-end Dash experience, users will also have access to Bitrefill’s service for buying digital goods such as phone refills, bill payments and gift cards for e-commerce, travel, and online games. For a limited time users paying for Bitrefill with Dash will receive a 10 percent discount on all purchases.