a link to SDC?
Here is the link:
https://bitcointalk.org/index.php?topic=745352.0This is a very good base to start from with good anonymity and a HTML wallet and it provides everything that is needed for Spectre.Cash.
Spectre.CashThe team can now reveal some further details for the Spectre Alternative Remittance App, known as Spectre.Cash, that will facilitate cash transfers in the vein of the old-fashioned system known as ‘Hawala’. This age-old system is very popular with people that do not have bank accounts and wish to send money across the world. Have a look at a few links if you are unfamiliar with the concept. The concept involves trusted intermediaries that will facilitate the transfer without any money moving. The balance is settled later between the intermediaries. This system is facing problems however and increasingly overzealous and paranoid governments are increasing surveillance and attempting to limit freedom.
https://en.wikipedia.org/wiki/Hawalahttp://www.economist.com/blogs/economist-explains/2015/10/economist-explains-12http://www.n2moneymatters.com/2011/03/what-is-hawala-all-you-want-to-know.htmlHaving a think about this, something occurred to me. Cryptocurrency and mobiles could solve the problems of many and take this money transfer system into the digital age and also provide a real-world use of cryptocurrency that has not been done before.
Now think; replace the intermediary trust with cryptography and break the link between the intermediaries with ‘zero knowledge proofs’ and develop a totally decentralised proof-of-concept trust model with no central server and no central database. Add to this immediate settlement of balances using Spectrecoin and make the mobile app free for all and available for anyone with a mobile. The mobile system can be used with no prior knowledge of crypto.
This is really the background for the creation of SPEC. This is a real use of crypto for real people and has the potential to help the so called un-banked to access certain financial services.
The philosophy behind the project is one of “absolute privacy” which is a fundamental right. So, no registration, no personal details needed and no storage of any such details in any aspects of this project.
A skeleton Android app is in the making and further details will be released soon. The app will be released once working as a free app and open source. The aim is for the community to join in the further development of this.