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World Mobile launches on Google Play for customers in Australia, Canada, UK and US

The company also announced a partnership with artificial intelligence company SingularityNET.

Decentralized wireless (DeWi) network operator World Mobile announced the launch of its app on Google Play for users in the United States, the United Kingdom, Australia, Canada and Tanzania on Aug. 22. 

The launch comes on the heels of a series of beta tests conducted in numerous markets typically considered underserved when it comes to mobile connectivity and availability, including Kenya, Mozambique and Nigeria. The World Mobile app is also currently available in Zanzibar.

According to World Mobile, its DeWi services are meant to bridge the gap between major telecoms and those in underserved markets. It does so by providing some connectivity services and through the promotion of a blockchain-based sharing system it supports through a proprietary token, World Mobile Token (WMT), and the inclusion of other Cardano-based tokens.

As Cointelegraph recently reported, World Mobile uses a combination of existing infrastructure and alternative technology solutions to serve users. The company says in some areas, for example, it’s tapped into “TV white space” to send and receive data via unused television broadcast spectrums. In others, it adapted SpaceX’s Starlink satellite internet service for mobile customer use.

According to World Mobile, the Google Play launch will feature the most updated version of the app. However, due to geographical restrictions, some features may not be available:

“It's important to note that while this release introduces an array of exciting features, not all functions will be universally available due to the varying regulatory frameworks in different countries.”

In related news, World Mobile also announced a partnership with artificial intelligence (AI) and robotics company SingularityNET.

Per a World Mobile blog post, the two companies will work together to develop and manage customer service solutions for the World Mobile platform.

The post also mentions that the partnership will explore an AI and blockchain-based lending and credit approval service that “adapts to the users’ payment history and reputation.”

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Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app

According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

Global digital peer-to-peer (P2P) payments company MoneyGram has announced on Nov. 1 that users in nearly all U.S. states and the District of Columbia, can buy, sell, and hold cryptocurrency; specifically, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), via its MoneyGram mobile app. 

The digital payments company said that it plans to add more digital currencies to its app in 2023, as global regulations allow.

Alex Holmes, Chairman and CEO of MoneyGram, stated:

"As consumer interest in digital currencies continues to accelerate, we are uniquely positioned to meet that demand and bridge the gap between blockchain and traditional financial services thanks to our global network, leading compliance solutions, and strong culture of fintech innovation."

The rollout of this latest crypto-related initiative is a part of the company’s vision to increase adoption by bringing “real-world cryptocurrency and blockchain use cases to life.” Moneygram shared that this crypto addition to its app was made possible through its partnership with licensed crypto exchange and API-driven crypto-as-a-service provider, Coinme.

Related: Paypal’s crypto ‘super app’ set to roll out soon

Despite being in a bear market with no clear end in sight, some companies appear to be laying t foundations to expand into the crypto world. On Oct 25, Cointelegraph reported that Western Union filed three trademarks that covered managing digital wallets, exchanging digital assets and commodities derivatives, issuing tokens of value, and brokerage and insurance services.

Also in October, the mobile payment processing app, Cash App, added support for transactions via the Bitcoin Lightning Network. The new feature is set to allow Cash App users to send and receive Bitcoin(BTC) on the faster, more efficient layer-2 protocol.

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