in

Signal tests a new peer-to-peer crypto payments system.

The domain name p2pexchanges.com is now available for sale at Coinnounce. You can acquire the domain name by following a simple few steps.


Following the lead of its rival WhatsApp, the fast-growing encrypted messaging app Signal has announced to let users send money in cryptocurrency to friends and relatives. The platform revealed it is testing a new peer-to-peer payments system in the beta version of its app. The new feature called Signal Payments is available in the UK first will currently support a privacy-focused payments network called MobileCoin, which has its own currency, MOB, as reported by Business Standard. 

 

“Our goal is to keep your data in your hands.”

“As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s design means Signal does not have access to your balance, full transaction history, or funds,” said Jun Harada, Signal’s head of growth and communication. “You can also transfer your funds at any time if you want to switch to another app or service,” he said in a statement late on Tuesday. “Signal Payments makes it easy to link a MobileCoin wallet to Signal so you can start sending funds to friends and family, receive funds from them, keep track of your balance, and review your transaction history with a simple interface,” the encrypted messaging platform said.

 

Cryptocurrencies continue to gain mainstream exposure. 

The leading cryptocurrency bitcoin witnessed a massive rally this year, seeing its price soar more than 1000%. The massive winning rally brought widespread exposure to the crypto industry. Several major institutions invested in different cryptocurrencies. The electric car maker Tesla invested $1.5 billion in the leading cryptocurrency earlier this year, creating a domino effect leading many other companies to invest in cryptocurrencies. Bitcoin reached as high as $62,000 last month. Central banks around the world are also actively exploring digital currencies in a way to ward off competition from cryptocurrencies. 



Source link

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Loading…

0

What do you think?

Crypto Influencer Names 7 Altcoins That Could Outperform in Current Bull Cycle

Crypto Influencer Names 7 Altcoins That Could Outperform in Current Bull Cycle

Cardano To Accelerate Significantly, Says Analyst Michaël van de Poppe – Here Are the Crucial Levels To Watch

Cardano To Accelerate Significantly, Says Analyst Michaël van de Poppe – Here Are the Crucial Levels To Watch