I was looking at this clip and was thoughout the whole clip saying to myself that Electroneum has a greater potential than most people even realize. I would like everyone to take 30 min of their sparetime to watch the clip then come up with ideas.
I have one idea after watching Singh talk about financial inclusion and the use of microtransactions and microloans as a means to generate wealth creation in third world countries. Here is one idea i had
So far Electroneum has been focused on bringing mass adoption through cell-phones. But here’s an idea. What if you could make small microtransaction loans through mobile carriers within the Electroneum app? I know there is some problems that needs to be elaborated and answered like “how can a micro transaction loan be backed by a security?” - but what if you put your cellphone as collateral and if you don’t pay it back you get blocked out of the mobile network until you pay the bill back?
