The developers of blockchain-project Zulu Republic introduced a software Lite.IM, which allows users to carry out transactions in the Litecoin via SMS and Telegram messenger.
Litecoin goes text message. https://t.co/NmprkHuDlU
— lite.im (@liteim_official) August 9, 2018.
In Zulu Republic are convinced that Telegram is the most secure messenger provides all the necessary opportunities to test the concept before launching SMS payments.
The project representatives emphasize that a lot of people live in countries with limited access to the Internet in conditions of strict censorship by political regimes, without access to financial services. In addition, 64% of the world’s population owns cell phones but only 33% have smartphones. This is the reason why in Zulu Republic are convinced of the need to associate the SMS message and the Litecoin blockchain instead of relying on the availability of the Internet.
Lite.IM will allow users to interact with bloccano Litecoin using text-based commands through a special API system. At the moment, the community already has the opportunity to use the Telegram-bot to check balances and send Litecoin for LTC-address or e-mail.
A bear market is the best time for people to work on adoption.
Check out https://t.co/Ua8LQz9f4h. Send and recieve LTC on telegram. Eventually, it will support SMS also. Great work @ztxrepublic team! 👏
We build it and they will come. Adoption is key!
— Charlie Lee [LTC⚡] (@SatoshiLite) August 9, 2018.
The Creator of the “digital silver” Charlie Lee is convinced that the bear market allows you to focus on developing solutions for mass-adoption of technology.
We will remind, earlier it became known about the implementation support Litecoin cryptocanthon Exodus from HTC.