Dash is growing in price against the launch of a new service in Venezuela

The 12th by capitalization of cryptocurrency Dash shows a positive trend against the background of the launch of a new service in Venezuela, which allows you to poison transactions using SMS.

Over the past day Dash has grown in price by more than 5% and, bargaining at the time of publication in the region of $ 168, continues to show a tendency to a possible increase. At the same time, attention should be paid to markedly increased trading volumes.

Source: CoinMarketCap

Among the information providers that triggered a rise in the price of cryptocurrency, we note the launch of the new Dash Text service in Venezuela in a financial crisis that allows you to send transactions via mobile phones using text messages.

@Dashpay , a #Crypto project, has the launched a text-based #CryptoPayment service,, Dash the Text, for #Venezuelan the users … ?? https://t.co/JbhLgtfLoE #cryptocurrencynews #cryptocurrencies #CryptoNews #bitcoinnews #cryptocurrency #blockchaintechnology # blockchain #dash

– BTC Wires (@btc_wires) 5 November 2018

“Venezuelans living abroad send home about $ 2 billion through remittances. Often this process is too long and costly, causing users a lot of inconvenience. With Dash Text, we offer a real solution to a real problem. People need a simple and cheap way to send money home, and we did it in such a way as to extend the Dash ecosystem for those who do not have smartphones, ”said Bradley Zastrow, director of global business development for Dash.

The Dash Text solution was created in collaboration with BlockCyphe. Currently, in partnership with the two largest telecommunications providers in Venezuela, Movistar and Digitel, the service is being tested. Access to the service can be obtained by sending an SMS with the word “DASH” to a short number, another message must be sent to create a wallet.

As BlockchainJournal wrote earlier, the release of the beta version of Dash Text took place in September.

Dash Core Group has entered into a partnership agreement with the manufacturer of smartphones Kripto Mobile in order to expand the user base in Latin America.

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