Hi, we have created an application in which cryptocurrency can be sent by phone number, even if the user is not registered in the application itself! What do you think, how much will this mutual settlement between users simplify?
I think that works like status network where users can send funds via phone number but the anonymity of the users will not be guaranteed since you need to save the phonebook numbers of those people youre going to transact with.
This is far from decentralized approach but the idea simplify the equation. Im not sure if this is good but as far as the network avoid compromise or breach of privacy isnt gonna be affected then theres no really problem here.