In collaboration with TerraNet AB

 
The diploma work was executed in collaboration with TerraNet AB, a company developing a new technology for mobile communication. It is a peer to peer technology that requires no external networks and no operator since the units form their own network. This allows phoning and texting to be free of charge.
The project is focusing on Kenya and investigates how the TerraNet-technology could be used if combining the mobile phone with the idea of a digital wallet.
Mobile banking is advancing quickly in developing countries mainly because of three factors:
 
- Regular banking never had a complete breakthrough and few are connected to a bank.
- As the country is developing the urge to store money safely is increasing.
- In many developing countries, they have a tradition of sending money to family and friends, and mobile banking offers to do this easily.

System
JASPER has one mobile phone mode and one wallet mode. The wallet mode is separated into two parts: Locked Account and Open Account, equivalent to bank card respective cash. Locked Account is available with PIN-code, just like the bank card, and if JASPER is lost or stolen, this account can be blocked.
Open Account is always available, making transactions easy and quick. In order to pay with JASPER one can either blip another unit, by pressing them towards each other, or send money to persons in the phone book or to a number.
JASPER also has an analogue part since a system like this is unlikely to completely replace cash. Research shows that the target group carries none or few cards and personal items in their wallet. A small analogue part is enough to cover their need to have regular cash available.
JASPER allows its user to in a safe way store money, it offers a safe, simple and free of charge way to send money to family and friends and can also simplify and encourage business activities  in developing areas.

Product
JASPER is a product specifically developed to support the needs and demands of the target group. It consists of one digital part and one analogue part. The digital part includes mobile phone features such as text messaging, alarm clock, date and time, as well as the wallet features and the technology that allows blipping other units. There is no camera, MP3 player or other extravaganza. Including this would make the product too expensive for the target group.
The analogue part is attached to a card that slides down and locks to the backside of the digital part. This means it can be detached and used separately. Many households in Kenya lack electricity and it’s very common to charge the mobile phone at a local business. However one might not want to leave the analogue wallet at the charging place and this solution allows the user to bring it with him. It also allows the analogue part to be exchanged easily when broken. The analogue part is mainly made from leather, and can be locally produced in Kenya.The leather gives a strong connection to the wallet and also it also makes it easy to personalize by colour and the possibility to punch for example a logotype onto it.
The analogue part covers the buttons at the front. This is mainly an addition to the key lock. Since the product deals with money it is important that the key lock is not opened and money transferred by accident.