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Author Topic: [2019-03-29] Send Bitcoin Using WhatsApp?  (Read 35 times)
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March 29, 2019, 11:06:57 AM

Recently Wuabit announced that soon WhatsApp users will be able to send Bitcoin via chatting. Wuabit is a cryptocurrency wallet and they have developed a new “software agent” which is powered by a specialized AI.

Wuabit claims that sending Bitcoin via WhatsApp will be as easy as chatting. All users will have to do is to type in a few command lines like “balance” and within the chat, it will show up your balance in the wallet in the form of a regular message. If you would want to send BTC to somebody, you would type in “Send 0.01 BTC to Kate”. Of course, that is if you actually have a contact named Kate in your application. Then a response message will pop up saying “Ready to send 0.01 BTC to Kate, ok?” to which you reply “Ok!” and the transaction is done!

Similar projects

LiteIM provides a similar service. Zulu Republic, a Swiss Based crypto company, is the company behind LiteIM. Both companies share plans on delivering this service to all social media platforms, instead of creating their own. LiteIM has no control over users private keys. The user has full control over his assets. Currently, they support Telegram and Facebook Messenger apps and have announced that WhatsApp will be coming soon. With LiteIM, initially, you could send only Litecoin. But now after a few months, they have integrated Bitcoin, Ethereum and Zulu Republic Token ZTX.
While LiteIM is already up and running, Wuabit claims that their services “are near completion” to present it for the public. That means that after a month or so, we will be able to try the new service out.

At the moment, the biggest problem with LiteIM is that the person receiving the payment needs to be already registered on LiteIM, will Wuabit change this?

We elaborate on the importance of this service and question wheather this will drive mass-adoption for bitcoin and crypto in general?
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