Buying Crypto By Voice!
Hi Steemit Community!
Today we wanted to talk about a topic that is very dear to us and get your ideas on the subject. Namely, we were thinking about a way to use the technology of smart speakers to buy tokens.
We see that buying tokens, or using crypto in general, it’s a problematic effort for the “average consumer” and we would like to address that problem with the Steemit community. There’s research that suggests that smart speakers (e.g. Alexa, Google Home, etc) drive sales for e-commerce platforms like Amazon, Alibaba, etc. On that line, we're building a smart speaker that does the same, but for crypto-related platforms
Our goal here at Volareo is to make those transactions as easy as they currently are with fiat currency. So far, the process of creating a virtual wallet, mining/buying tokens, exchanging between different tokens and exchanging them again in fiat money has been a very laborious and rather complicated one. We’re doing our first test with the music platform Musicoin that uses the token $MUSIC. The aim is, by making transaction seamless and easy (and almost fun), to drive more transactions.
What do you guys think are the pros and cons of this specific technology? Do you think that this technology will help grow the number of people that are willing to use cryptocurrency? Will that make crypto less of a niche thing and more common and, hopefully, the norm?
Comment down below your thoughts on the subject.
Pros - quick and simple. I might consider using it for low value purchases for things like audio books or something.
Cons - I would be worried that it might interpret the amount incorrectly and I could end up losing money. Also I am sure you have thought about it but the main issue with getting fiat into crypto is more of a legislative one regarding financial laws but that has nothing to do with the interface used to initiate the transaction of course.
i am so worried about these kinds of 'voice recording' machines that we as a society are welcoming into our homes as normal. nothing against the guy and his product; which i hope goes well, given the status of everything.
I'm worried to, trust me. But having a blockchain based platform behind it should solve the centralization of who acquires the data. Or at least I hope!
Well, the idea is that a high percentage of people consider buying crypto but are relentless to when faced with the technological implications (as well as financial of course). So that should get that feeling out of the way and increase users number. Eventually its commonality too.
I guess I don't really understand what you are suggesting. Isn't the main issue the lack of an easy "on ramp" for FIAT to crypto regardless of whether it is voice activated or simply available on a website?
Am I missing the point?
I see your point and you're totally right, this does NOT solve the FIAT to crypto issue. It does solve, however, the crypto to crypto problem as the platform will enable and facilitate that through an app.
Research also shows that people are much keener to make a transaction through voice (something about not seeing your money makes it less stressful). We'll see what the implications of that will be.
Yes that makes sense for micro transactions using voice.