WhatsApp, the world's most popular messaging platform, will now allow its users to transfer Bitcoin and Litecoin via the Lite.Im bot.
Developed by blockchain platform Zulu Republic, the bot will also enable transactions in ETH and ZTX, the company's native token.
Users can now send and receive Bitcoin and Litecoin on WhatsApp.
There has been a steady increase in the number of platforms that enable cryptocurrency transactions between its users, and WhatsApp has now become one of them.
All 1.5 billion of WhatsApp's users will now be able to send and receive Bitcoin and Litecoin through the platform thanks to a recently developed bot by Zulu Republic.
Zulu Republic May 19, 2019.Platforms enabling SMS-based crypto transactions on the rise.
While Lite.Im has seen its debut on WhatsApp, the bot as actually been around for almost a year.
Zulu Republic first introduced the bot in August 2018 to Facebook Messenger, Telegram, and regular SMS via carriers.
Wuabit was building a service that would allow WhatsApp users to send and receive cryptocurrencies through an AI-powered chat.
With evidence suggesting Facebook, WhatsApp's parent company, is working on its own stablecoin, Zulu Republic's bot could see tough competition in the near future.
Send Bitcoin and Litecoin transactions over WhatsApp
Published on May 20, 2019
by Cryptoslate | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.