Good evening, I take the liberty of exposing an idea and I would be happy to know your opinions and I would like to bring it to the attention of the team…
-Terra2.0’s line is quite clear and precise, it has decided to focus on web3.0, multichain and focuses above all on developers, I think it is quite clear, deviating a bit on a point that I consider fundamental, payments, the pure defi, of the average user…
-Obviously this line was chosen for obvious reasons, but I think the main idea was really unique and very ambitious, centered on changing man’s habits, payments…
Now I show you my idea, with the hope that the team creates something that can lead to change and mass adoption, but I congratulate all the unique dapps they are building, I think they are really brilliant people, indeed the brightest in the crypto world…
-As the title suggests, it is based on money transfers, payments, loans, donations, staking, returns and for many other utilities in low industrialized and technologically backward areas and beyond…
There are many areas in the world where the majority of the population does not use the internet or there is a very low percentage of use, less than 20%, given that there are at least 30/40 countries, some obviously by choice.
The main problem is the lack of infrastructure, and I will notice this at the end, obviously we are talking about areas of Asia and Africa, most of these areas are not very industrialized, but for this reason they also have a greater possibility of economic expansion and the possibility of adoption, India based on the population, we are talking about 50%, so 700 million people who do not use the internet or make little use of it…
-My idea is based on the use of a Sim (Subscriber Identity Module) here it would be appropriate to create a partnership with some telephone company, obviously it would be better to create everything yourself…
Solana has created its own smartphone, Terra may have its own SIM…
only in India at least 900 million people use a mobile phone, this idea could be adopted all over the world, obviously to have a SIM you need to register it, with your documents, I think we are getting closer and closer to a global regulation, so it is advisable to anticipate and be ready, however the purchased SIM will be associated with an anonymous wallet, to be created later via the app (Terra station Lite) …
-The application will give the opportunity to associate the wallet with the phone number anonymously, using an ID or private code.
Functionality:
Possibility to transfer money in local currency directly from the sim to the created wallet
Example: Swaps
Euro/Luna
Euro/Solid or other stablecoin
Dollar/
Rupia/…
other
Now that we have the funds, Terra station Lite will give the possibility to:
-Staking
-% of annuity monthly/yearly with Solid or other stable (ability to use cavern protocol)
-Payment (between users, loans, donations,other)…
-Terra station lite will have to be a light and simple dapp, accessible to even slightly dated smartphones, with the possibility of being transferred also via bluetooth, this idea can also be implemented for other more developed realities…
All transactions will need to be paid in Luna this can lead to utility and adoption, commissions can be burned to create a deflationary model…
The real focus would be simplicity even for an average user, with the possibility of staking and returns with very few steps and a simple swap with national currency/Luna…
This is just the result of my idea, I think it could lead to use in areas of economic growth and in areas with some technological problems, the main thing is to bring utility to Luna and this can help to do it through the commissions that are generated.
Thanks of attention…