Stellar starts in South Africa with mobile savings for young girls (gigaom.com)

What's the security model to protect the money from predators?

This is Joyce from Stellar. One of the most interesting parts of this project for me is the fact that airtime (prepaid mobile minutes) will be a method of savings. And in many places in the world, there are many locations and agents where people can pay for mobile minutes (essentially cash in/ cash out). It is ubiquitous. This means Praekelt and their users can piggy back off of existing networks and reach more people at lower cost.

How cute that the once powerhouse of Africa is now referred to as a developing country. I guess that's the ANC for you.