Cryptocurrency Information Bureau News: Sorted Wallet integrates Breez SDK! Bitcoin payments for 3 million feature phone users. The future has arrived! #Bitcoin #LightningNetwork #SortedWallet
Video explanation
Will we be able to use Bitcoin on feature phones in the future? A new initiative by Sorted Wallet and Breez SDK!
Hello everyone! I'm John, your blockchain bro. Today, I'm going to bring you some futuristic news that may make our lives more convenient. When you hear "Bitcoin," you may think it sounds complicated... You can't use it without a smartphone, right? But maybe, you'll be able to use Bitcoin even on an old-fashioned "garakei" (also called a feature phone!)! Today, I'll explain this surprising news in an easy-to-understand way.
What is Sorted Wallet?
First, let's explain what a "Sorted Wallet" is. This is a "digital wallet" that allows you to store, send, and receive Bitcoin (a type of digital money that can be used on the Internet). It is often provided as a smartphone app.
What is Breez SDK?
Next is "Breez SDK". "SDK" is an abbreviation for "Software Development Kit", and is like a "toolbox" that programmers use when creating new software or app functions. Breez SDK is a useful tool that makes it easy to incorporate payment functions using Bitcoin's "Lightning Network" (more on this later!) into apps.
The amazing thing about this news! Bitcoin on a flip phone?
Well, the crux of this news is that Sorted Wallet has introduced the Breez SDK. What will happen with this?Bitcoin payments will be possible even with so-called "galakei" (feature phones) that are not smartphonesIt might be!
Specifically, the key points are as follows:
- Non-custodial Lightning Support:There will be a bit of technical terminology, but I'll explain it in an easy-to-understand way!
- "Non-custodial" means that "no one holds your bitcoins on your behalf." In other words,You have full control over your BitcoinIt's like having cash in your own wallet, not in a bank account. This is very important in terms of security.
- The Lightning Network is a technology that makes Bitcoin transactions extremely fast and with low fees. Think of it as a bitcoin "highway." With it, you can make everyday payments like buying coffee with Bitcoin.
- Support for Galakei (feature phones):This may be the biggest surprise. It is a huge breakthrough that Bitcoin can be used not only on the latest smartphones, but also on simple mobile phones.
- Expanding Bitcoin usage possibilities to approximately 3 million users:There are many people in the world who don't yet have smartphones, but do have flip phones. Reports suggest that this technology could give an additional 3 million people access to Bitcoin. That's a huge number!
Why is this so important?
You may be wondering, "Is it really that amazing to be able to use Bitcoin on a feature phone?" But this has a big meaning.
- Expanding Access:People who do not have smartphones, especially in developing countries where flip phones are still the norm, will be able to offer Bitcoin, a new financial option, to people in such places.
- Financial Inclusion:This could pave the way for people who do not have a bank account to access financial services with just a mobile phone. "Financial inclusion" is a concept that aims to ensure that everyone has access to financial services.
- User control:Being "non-custodial" allows users to manage their own assets without relying on a third party, which can be especially important for people in regions with unstable national currencies.
In other words, this is the first step towards making it easier and safer for more people to use Bitcoin.
Summary: Big possibilities for a small phone
Here's a quick summary of today's news:
- Sorted Wallet, a Bitcoin wallet, has been powered up using a development tool called Breez SDK!
- As a result, even with feature phones,In a form that you can manage yourself (non-custodial),Fast and cheap (Lightning Network)Bitcoin payments may become possible!
- This will create an opportunity for approximately 3 million new users around the world to gain exposure to Bitcoin.
Technology advances really fast!
A word from the author, John
Wow, this news really got me excited! When you think of Bitcoin, you might think of it as something only a few tech-savvy people can use, but the fact that it might even be usable on feature phones makes it feel more familiar. If this comes to fruition, I hope it will give more people around the world an opportunity to experience a new form of money. This is truly the moment when technology connects the world!
This article is based on the following original articles and is summarized from the author's perspective:
Sorted Wallet Integrates Breez SDK to Enable Bitcoin
Payments on Feature Phones