Thingstream has unveiled its USSD-based IoT messaging service, based on SIM cards supplied by the company – a subsidiary of Myriad Group, a Swiss provider of USSD gateways to MNOs and telcos. The system promises low-power messaging for any device inside a GSM network footprint, and Thingstream hopes its huge potential pays off. Set up two years ago by Myriad, Thingstream now plans on launching its system in the coming months, heading into the first half of 2018. With around 23 staff on the project, mostly developers, progress appears to have been swift – with pilot customers including pet tracking systems and oil-well monitoring. Vice President Neil Hamilton explained the core of the offering, and argued the merits of USSD.…