The iD editor has used the name suggestion index for quite a while and it was something that I wanted to support in vespucci in the upcoming release. The one thing you do want to reduce in a mobile app is typing.
Basically the idea is to suggest correct spelling (and tagging) for some of the more prominent chains of restaurants and shops to the mapper. The way it works in vespucci now is slightly different from the current implementation in iD and at least some aspects might be worthwhile supporting there too.
Using the name as a short cut for tagging
If you are creating a new object, or adding tags to an object that previously didn’t have relevant tags you can use the name as an “Ersatz”-preset (note vespucci supports normal JOSM-style presets too, and I may expand this functionality to automatically add further tags from the presets):