Failed Mobile Banking Initiative In India Creates New Bitcoin Opportunity
It has to be said, the plan by the Indian government seemed very solid on paper. In an attempt to recreate the success of M-Pesa-like services in India, the infrastructure was built to provide basic mobile banking services in the country. After many years of hard work and planning, the experiment seemed ready for take-off.
However, things took a turn for the worse, as the average consumer on the street was not all that interested. The government expected a rapid growth of the user base for this mobile banking initiative. However, since launching in August 2014, there has been far less interest in this initiative than projected.
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http://www.newsbtc.com/2016/08/04/failed-mobile-banking-initiative-india-creates-new-bitcoin-opportunity/
