Mobile Money at the Mobile World Congress

More than 60,000 people showed up at this years Mobile World Congress 2011 in Barcelona. Naturally, Jumio founder Daniel was one of them.

The number of attendees is a new record, and organizer GSMA’s CEO John Hoffman knows why. “Mobile truly is leading a transformation in how the world communicates.”

Sounds like an obvious statement, but if you dwell deeper you will realize that mobile has not yet reached all of our daily – let’s call them needs to its full potential.

Daniel attended to take a closer look at solutions, apps in particular, that tackle the issue of mobile money. (“Mobile money” is, on a completely different note, a brilliant term in our humble opinion.) Any topic that touches money automatically requires a more “serious” approach, especially when fraud and security issues come into play. Maybe that explains the unprecedented number of attendees from the world’s government delegations.

“What mobile voice communication was for the first decade of this century, is payment for the second”, says Daniel Mattes. And by the way, he loved the mobile phone sushi-style bar.

Tags: , , , , , ,

.