Cryptocurrency

05/11/18 09:09 UTC-4

Dash Text project: now Venezuelans will be able to receive and send cryptocurrency via SMS

Cryptocurrency project called Dash announced the launch of Cryptocurrency SMS “Dash Text” transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
service in Venezuela.

Dash announced the launch of the Dash Text project for Venezuelan users. In a posting announcement this week, the company said that Dash Text would make it as easy as possible to conduct transactions. From the statement it is clear that Venezuelan users can now use the Dash coin without a smartphone and access to the Internet.

Recall that after several months of hyperinflation, which made the Bolivar almost useless, Venezuelans are increasingly turning to cryptocurrency as an effective solution. The Dash project seeks to gain popularity, focusing on millions of Venezuelans who cannot participate in crypto-economics due to the lack of smartphones or Internet access.

The creation of "Dash Text" was built in partnership with BlockCypher.

BlockCypher is a popular middleware provider of middleware for the development of the BlockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
industry; C ++ software delivery that runs a Blockchain.

Currently, Dash Text beta testing will allow Movistar and Digitel users (the largest telecommunications providers in Venezuela) to access Dash services with a simple five-digit short code.

"Venezuelans who live abroad send about 2 billion US dollars home (...) This process takes too much time and money, which makes it a "pain" for users. Dash Text is a real solution for real problems (...) People need simple and cheap ways to send money home, and we did it in such a way as to extend the Dash ecosystem to those who do not have smartphones." – Bradley Zastrow, Head of Business Development at Dash Core.

According to the announcement, to register with Dash Text, users must send an SMS with the word "DASH" to the number 22625, and then another SMS with the word "CREAR", which will create their Dash wallet. Once this is done, the user will be able to send and receive Dash via SMS.

Editor: Yuliya Soroka

See also: "Bitcoin sales increased by 44%"

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