Stellar Mobile Money Bridge

Bridging the gap between traditional mobile money services and the Stellar blockchain network for seamless cross-border transactions and financial inclusion.

Problem Statement

Mobile money services have revolutionized financial access in developing regions, with 1.75 billion registered accounts generating $1.4 trillion in transaction volume (2023). However, these services often operate in isolation, lacking interoperability with:

• Traditional banking systems
• Digital currencies
• Cross-border payment networks
• Other mobile money providers

This fragmentation limits the utility and reach of mobile money services, particularly for:

• International remittances
• Cross-border commerce
• Access to global financial services
• Stable value storage options

Solution

Stellar Mobile Money Bridge connects mobile money platforms to the Stellar network, enabling:

• Seamless conversion between mobile money and digital assets
• Access to Stellar's global payment infrastructure
• Integration with Stellar's anchor network for fiat on/off ramps
• Support for stable digital currencies like USDC

Key Features

Mobile Money Integration

• Support for major mobile money APIs (GSMA, Kora, MTN MoMo)
• QR code-based merchant payments
• Real-time transaction status tracking
• Automated mobile money account verification

Stellar Network Features

• Stellar wallet creation and management
• Send/receive payments in XLM and other Stellar assets
• Support for multi-signature accounts
• Integration with Stellar's decentralized exchange

Cross-Border Capabilities

• International remittances via Stellar rails
• Currency conversion through anchors
• USDC-based stable value storage
• Multi-currency support

Security & Compliance

• Industry-standard encryption
• Multi-factor authentication
• KYC/AML compliance tools
• Transaction monitoring

Technical Architecture

Frontend

• Built with Next.js for optimal performance
• Responsive design for mobile and desktop
• Progressive web app capabilities
• Real-time transaction updates

Stellar Integration

• Uses Stellar SDK for blockchain interactions
• Horizon API integration for network access
• Custom smart contract integration
• Automated transaction reconciliation

Mobile Money Integration

• GSMA Mobile Money API compatibility
• Support for multiple providers
• Automated status tracking
• Error handling and retry logic

Getting Started

1. Clone the repository:

git clone https://github.com/kamalbuilds/stellar-mobile-money
cd stellar-mobile-money

2. Install dependencies:

npm install

3. Configure environment variables:

cp .env.example .env.local
# Edit .env.local with your API keys

4. Run development server:

npm run dev

Configuration

The application requires the following environment variables:

# Stellar Network
NEXT_PUBLIC_STELLAR_NETWORK=testnet/public
NEXT_PUBLIC_HORIZON_URL=https://horizon-testnet.stellar.org

# Mobile Money APIs
NEXT_PUBLIC_KORA_API_KEY=your_kora_api_key
NEXT_PUBLIC_MOMO_API_KEY=your_momo_api_key

# Additional Services
NEXT_PUBLIC_API_URL=your_api_url

Development Roadmap

• Basic Stellar wallet integration
• Mobile money payment processing
• Multi-provider support
• Enhanced security features
• Additional stable assets
• Advanced reporting
• Mobile app version

Contributing

We welcome contributions! Please see our Contributing Guide for details.

License

This project is licensed under the MIT License - see the LICENSE file for details.

Support

For support and questions:

• Create an issue in this repository
• Contact our support team
• Join our Discord community

Acknowledgments

• Stellar Development Foundation
• GSMA Mobile Money API team
• Mobile Money providers
• Open source community

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