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CryptoMomo

CryptoMomo is a USSD based service that allows the transfer of digital tokens/assets based on the phone number of the recipient. This eliminates and reduces the learning curve associated with onboarding new users into cryptocurrency and the blockchain.

With cryptoMomo users don’t need to create a wallet (metamask, connectWallet, etc), rather cryptoMomo converts a user's phone number into a blockchain address.

This instantly puts 515 million people subscribed to mobile services in Sub- Saharan Africa on the blockchain.

Presentation

Features

  • Create/claim an account: allows user to create CryptoMomo account or claim an already exisiting account with the valid pin
  • Get wallet address: get the crypto wallet address of account
  • Check the balance of supported tokens
  • Send support tokens
  • Saving/stack tokens with Xend Finance services

TODO

  • Buy tokens with mobile money and XendBridge
  • Implement EIP 1271

Application Benefits

  • Crypto inclusion and mass adoption
  • Self setup and eliminate crypto fraud
  • Crypto Remittance with ease.
  • Similarity with momo makes it easy to understand and use
  • Lower learning curve as new users don’t need to learn at all and are very friendly to the less learned.
  • Send crypto to any number (no need to set the person up)
  • Makes cryptocurrency competitive with traditional digital finance and payments
  • Ready to go. No setup/app needed. You can send crypto to a number and then the owner will claim it later.
  • Available everywhere (rural and urban communities). No need for internet