12 capitalization the cryptocurrency Dash shows positive dynamics on the background of the launch of a new service in Venezuela, allowing to poison your transaction via SMS.

In recent days Dash has increased in price by more than 5% and is trading at the time of publication at $168, it continues to demonstrate a trend likely to increase. We should pay attention to significantly increased trading volumes.

Among informovala giving rise to the increase in the price of the cryptocurrency, will mark the launch of the new service Dash Text financial-crisis-ridden Venezuela that allows you to send transactions via mobile phones using text messages.

@Dashpay , a #Crypto project, has launched a text-based #CryptoPayment service, a Text Dash, for #Venezuelan users…🔽🔽https://t.co/JbhLgtfLoE#cryptocurrencynews #cryptocurrencies #CryptoNews #bitcoinnews #cryptocurrency #blockchaintechnology #blockchain #Dash

— BTC Wires (@btc_wires) 5 November 2018

“Venezuelan living abroad sent home remittances of around $2 billion. Often this process is too long and costly, causing users a lot of inconvenience. Using Dash Text we offer a real solution to a real problem. People need a simple and cheap way to send money home, and we did it this way to expand the ecosystem of the Dash for those who do not have smartphones,” said Director of global business development, Dash Bradley Zastrow.

The solution Dash Text created in collaboration with blockchain company BlockCyphe. Currently in partnership with two major Telecom providers of Venezuela, Movistar and Digitel are testing the service. Access to the service, send an SMS with the word “DASH” to the short number, another message is to be sent to create a wallet.

As mentioned earlier ForkLog, the release of beta-version of the Text took place in September.

Dash Core Group has partnered with smartphone manufacturer Kripto Mobile to expand its user base in Latin America.