PayWithOne is predicated on the premise that in 2012 over 5
Billion cell phones and smartphones exist, worldwide.
That's 5 in 7 people in the world have a cell phone or smartphone.
The cell phone and smartphone have become the default artifact associated with
More people carry a mobile communication device every single day, than people wear a watch or
carry a wallet.
The need to carry a mobile communication device is considered to be more important
than any other artifact.
Emotionally, the idea of the loss of a personal mobile communication device is considered
more traumatic than any artifact, other than a wedding ring.
The personal mobile communication device is the default address book, phone directory, camera,
text and voice communication, portable music device, and personal entertainment device.
It is natural to extend the functionalty of the personal mobile device to become the
default identification device and default non-cash currency.