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The piece of tech we have been wanting ahead to getting our arms on most when transferring from Australia to America?
Venmo.
Sounds bizarre, and actually kinda anti-climatic — we all know!
However having a single fee community that all your family and friends use? It’s a recreation changer.
We used to have to separate checks utilizing financial institution transfers (yuck!).
Excellent news for Australians: the banking system ultimately realized the chance to take that a part of the market, and have become ‘the Venmo of Australia’ in their very own bizarre means.
They began by permitting customers to textual content a one-click fee hyperlink to their associates (no matter which financial institution they used) — and now, they’ve carried out their very own model of Zelle.
We inform you this story, as a result of we’re beginning to see an identical transition happen within the crypto area.
Particularly: on Base.
Now you can textual content one-click crypto-payment request hyperlinks to your mates’ cellphone numbers.
Which remains to be clunky as heck — but it surely opens the door to a future the place customers can affiliate their cellphone numbers with their pockets addresses.
Lowering every person’s ‘ship to’ tackle from a garbled string of 42 uppercase/lowercase letters and numbers, e.g:
0x1f9080aae28b8a3dceadf281b0f12828e676c326
…to a easy cellphone quantity — one thing everybody already has and understands — with no geo-locking.
We like to see it!
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