According to Medium, Bitcoin and other cryptocurrencies will be able to be sent through the WhatsApp messaging service. A new crypto wallet service developed by Wuabit will mean the sending of crypto via WhatsApp.
Wuabit
The Wuabit service will give users access to their tokens through WhatsApp. In essence, the wallet will appear linked to WhatsApp and is capable of all the regular wallet functions. This includes sending, receiving, and trading crypto assets.
According to Wuabit, it is a “cryptocurrency wallet accessible via a chat interface.”
The Wuabit team is planning on bringing the service to other messaging platforms Facebook Messenger, Telegram, and Viber. According to Medium, the service will be smart, implementing AI to enable users to type statements telling it to send crypto. This means it is accessible to those who aren’t tech-savvy and want a convenient and simple way to deal in crypto. The overall aim of the service is to help the mass adoption of cryptocurrencies.
At present, the service supports Bitcoin (BTC). But Wuabit has said it may integrate Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum (ETH) in the coming months. A public beta will launch next month.
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Social Media and Crypto
This is not the first time a social media company or messaging service has thought to integrate with cryptocurrency. Facebook is the biggest social media giant said to be entering the space. Though unclarified, reports suggest it is creating its own cryptocurrency.
According to a New York Times report posted last month, Facebook is working on its own digital currency to be integrated into its messaging services. However, Bloomberg has suggested that the tech giant is developing a stablecoin. What are your thoughts? Would you use the Wuabit service to send crypto through WhatsApp?
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