Re: Interview: Kipochi founder Pelle Braendgaard

On Aug 7, 2013, at 3:29 PM, David Nicol <davidnicol@gmail.com> wrote:

> 
> 
> is SMS not vulnerable to spoofing or forgery?

Yes, I believe it is. Pelle, could you talk a little bit about how user identity is verified so that transactions are secure? Since it's bitcoin I imagine the private keys would need to be stored on device, how do you do that safely?

My vague understanding of M-Pesa is that it requires a special SIM kit that includes a hardware signing mechanism (or keystore?). I assume phones that support Kipochi would need something like that.

-Kumar

Received on Thursday, 8 August 2013 14:59:50 UTC