WhatsApp users now have the ability to send and receive Bitcoins (BTC) and Lightcoins (LTC) thanks to a bot called Lite.Im.
The new bot for WhatsApp is designed to simplify cryptocurrency transactions so that people can easily use their digital assets in their daily lives.
The WhatsApp mobile messaging platform itself is owned by Facebook, which is going to release its own cryptocurrency and integrate payment service into this application.
Facebook has also previously announced its intention to integrate cryptocurrency payments into its messaging services, which, presumably, can affect applications Messenger, WhatsApp and Instagram.
Now users can add bot Lite.Im in WhatsApp and follow the instructions on the screen. The bot allows users to set a password, coins by default, and also language (English or Spanish). In addition to bitcoin and lightcoin, the service supports ZTX, the native token of the Zulu Republic platform. The service also allows you to earn cryptocurrencies by referral program.
Messengers are important for mass adoption of cryptocurrencies
The company Zulu Republic, the creator of Lite.Im. already have experience in the development of services that allow you to buy cryptocurrencies directly in Messenger, Telegram, or using SMS and credit cards.
The company says social media messaging services can play an important role in the overall implementation of cryptocurrencies , while only WhatsApp has more than 1.5 billion users in the world.
The availability of transactions via instant messengers can help many “non-banking” people in Southeast Asia and Africa. It should be noted that applications like WhatsApp have become a kind of life hubs in social networks, where the younger generation communicates in both personal and group chats.
The company Zulu Republic says messaging in social networks is now experiencing a boom and even outpaces the growth of the traditional social networks themselves by several years.
Whatsapp and security
However, there are fears that after the last hacking the Whatsapp application will never be safe enough. Recently, an application with users in more than 180 countries was attacked by hackers who installed spyware on mobile devices with Whatsapp with just a simple call.
Telegram founder Pavel Durov said that every time Whatsapp fixes critical vulnerabilities, new ones take their place.
Publication date 21.05.2019
Share this material on social networks and leave your opinion in the comments below.