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No wonder it is used by 9.5m people, or 23% of the population, and transfers the equivalent of 11% of Kenya's GDP each year; or that it has inspired more than 60 similar schemes across the world.But despite the apparently frictionless transfer of money through the air, making a money-transfer system work smoothly requires a great deal of backstage effort.
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This ensured uniform and frictionless load transfer from actuators to the girder surface.
This ensured a uniform and frictionless load transfer from the actuators to the top surface of the beam.
Monzo, one of a plethora of U.K. fintech startups aiming to re-invent current account banking, has launched a new feature that makes it even more frictionless to transfer money to friends.
Braintree made waves last year when it acquired Venmo, a New York-based mobile payments startup that made it easy and frictionless to transfer cash back and forth via texts and e-mail.
While the brave notion that a single actor can move markets, a la Satoshi, has been proven, it's one thing to get a bunch of nerds excited about frictionless wealth transfer and its entirely another to convince a country to the same.
PayPal would be happy to be your BTC provider of record while Chase would love to grab some of the potential transfer fees while happily taking advantage the frictionless payment process.
Intervention is never frictionless.
It is not frictionless, however.
Frictionless sharing has its critics.
Frictionless accessibility is key.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com