🤯 “collateralize the smartphone” is basically ransomware as collection strategy. This is totally going to be huge. Any SaaSy device could be collateralized this way.
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"Collateralize the smartphone" - apparently means remotely changing wallpapers, blocking apps, and locking the phone. For recovering money lent. India fintech lending/recovery space is lit! (lest we forget, thank you Android!)
firstpost.com/tech/news-anal
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