No Internet? No Problem: A New Way to Send and Receive Cryptopayments

No Internet? No Problem: A New Way to Send and Receive Cryptopayments

Having no signal bars on your phone has always meant that sending, receiving or simply checking your digital wallet balance on your phone would have to wait – until now. TXT Coins Now, a subsidiary of TXT Cash Now, is a cellphone-based micropayment system for Nextcoin or NXT that will allow users to send cryptocurrency while offline. TXT Coins Now uses text messages and automated phone calls to securely transfer digital currencies between mobile phones. It will also offer online and offline options to securely pay bills and deposit or pick up cash worldwide using cryptocurrencies. You can....


Related News

Bitcoin Fax: a Simple and Efficient Use Case for Bitcoin Micropayments

While Internet citizens find it strange that fax machines still exist, everyone still needs to send faxes at times - often to large legacy organizations, banks and public administrations that still live in the 20thcentury. Sending faxes is difficult because almost nobody has a fax machine at home anymore, and going to a post office seems a waste of time to those accustomed to living at Internet speed. There are, of course, Internet fax services that allow using a PC connected to the Internet to send and receive faxes. But Internet fax services require a subscription, which can be....

Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining

Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy? Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin and the energy expenditure by miners.The Bitcoin protocol has created a unique digital assetTo understand how Bitcoin (BTC) is created and what mining is, the key is the double-spending problem.Before Bitcoin,....

A Threat to Bitcoin? Facebook Rolls Out P2P Payments on Messenger

Facebook soon to roll out P2P on Messenger. You can now do much more than chat, like, share and add friends on Facebook. This past Tuesday, Facebook announced that it was introducing a feature in Messenger that would enable users send and receive money. The initial roll-out will be in the United States. And it's going to be free. The first time that you send or receive money on Messenger, you will need to link a Visa or MasterCard issued by a US Bank to your Facebook account. After adding the debit card, you can then create a PIN to enhance security on your account. If you are using an iOS....

Bitcoin Adoption To Thrive From SpaceX’s Internet-providing Satellites?

One of the hurdles plaguing Bitcoin adoption in emerging countries is the fact you need an active internet connection to send and receive digital currency. Certain countries offer some form of Internet connectivity to locals at high prices, making it less appealing to use Bitcoin. But if SpaceX has a say in the matter, their satellites will be providing internet access all over the world. SpaceX has quietly opened new offices in the Seattle area, and those offices will be focusing on Elon Musk’s new project. According to the information we have received, the Seattle SpaceX offices are....

ProTip Ventures into Bitcoin Micropayments for Online Tipping

A number of companies have been looking into bitcoin micropayments as a means for funneling donations or tips online. After all, the cryptocurrency promises lower transactions costs compared to traditional payment methods such as credit cards or PayPal. Online tipping can be made to express appreciation for an artist's work on the internet, such as a good music album or digital art piece. The problem, however, is that users encounter friction when it comes to managing several individual bitcoin tipping methods. ProTip Bitcoin Micropayments. For ProTip developers Leo Campbell and Chris....