Bitcoin Weekly 2013 July 17: Kipochi–Bitcoin and Africa ...

37Coins - Bitcoin Wallet for 3rd World

Hi there!
check out 37coins.com, a set of tools to bring SMS Bitcoin wallets to any mobile network. An Android application acts as gateway to the internet, while the clients can use 'dump' feature-phones. The challenge is making compromises to bring as much security as affordable to allow a client on an untrusted network to control the hosted wallet.
What you see is a prototype, it allows sending an receiving Bitcoins via SMS shortcodes. A voice-pin service is in place that validates big transactions, while a onetime token is used for small amounts. Anyone can open a gateway and advertise his number to people, for every transaction through your gateway you'll receive a fee. In this way 37Coins is different to mPesa or Kipochi because it can operate without a network provider's agreement and easily expand to new countries.
I'd be happy if people with old android phones would take a minute and set up a gateway. The more gateways there are, the more testing I can do. The wallet is also an easy way to get people to use Bitcoin, like a friend or your grandma, just send a small amount to their number, and they are in.
Please have a look at the page. Any feedback is very welcome!
submitted by johba to Bitcoin [link] [comments]

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