Dash Expands to Latin America Through KRIP Phones

Leading cryptocurrency Dash has partnered with Kripto Mobile Corporation (KRIP), allowing consumers in Latin America to purchase the digital currency through a cryptocurrency-enabled mobile phone.

There seems to be ‎ever-increasing excitement about cryptocurrency in the region amid growing ‎economic chaos and the highest ‎inflation rates in the world.‎

With this partnership, Latin Americans will gain access to Dash’s pre-installed ecosystem, including the Dash wallet, which will be available on their KRIP devices, no matter which part of the world they reside in. ‎

Dash has been expanding rapidly throughout many developing countries, because it can be used in international trade and remittance and partly because it is a solution to monetary issues such as weak national currency.

Countries throughout Latin America are suffering from high inflation due to poor governmental policies. A significant proportion of the population also remains unbanked.

A recent survey showed that Venezuelan people see digital currency as a safe alternative in ‎an economy which has enforced strict foreign ‎exchange controls since 2003. In that country there has been an ‎estimated inflation rate of 9000 percent over the past calendar year.‎

Recent data from VeneBloc‏ ‏pointed out that ‎Venezuelans’ Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term trading volume has recently ‎jumped to the equivalent of $1.009 ‎million.‎

Bradley Zastrow, Dash Core Group Head of Global Business Development, commented: “What makes the KRIP phone so unique, beyond being a great smartphone at a good price, is that it makes this user experience a central part of using a cell phone. Right out of the box, even users who have never interacted with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term have everything they need, and by working closely with the Dash community and Dash Help Me, new users have the necessary support structure in place should they need assistance.”

“We are seeing an incredible transition period in Latin America with those who are unbanked, underbanked, or simply do not want to use the traditional banking system. Combining our accessible, affordable phones with Dash’s InstandSend transaction capabilities and low fees will provide a myriad of benefits to these communities. And with the addition of Bitrefill and other Dash apps, such as the Dash wallet, to our phones right out of the box, there’s simply no easier way to start using cryptocurrencies like Dash in everyday life,” added Luis Sosa, co-founder of KRIP.