Octopocket Lets you use BTC in Telegram, Without Convenience or Security
10 March 2016 – Spanish Bitcoin startup Octopocket is enabling Bitcoin transactions in the ephemeral messaging app, Telegram. Their technology works without any additional software, and works through Telegram’s chat interface. Their English support is skeletal at best, and their service isn’t yet live in the US. If you want an early look, you can start a chat with their service by sending a message to @octopocket_bot via Telegram, though. Their interface and service methodology raises some security and transparency questions, as well as being comparatively uncompetitive relative to....
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Almost everyone with a smartphone now uses a social messaging app. Echo, Telebit, and Octopocket are three newcomers who want to take it a step further by introducing payments and digital currency right into your chat box. Although a lot of people around the world are actively using the Telegram platform on a regular basis, it lacks some features....
The Octopocket team are members of a Bitcoin Association in Spain called avalbit.org. They love bitcoin and do monthly meetups to introduce people to blockchain technology. The project believes that practice is more important than theory, and they want to make their platform as simple to use – and access – as possible. Manual Sales, the system architect at Octopocket said: So simple wallets are welcome by newcomers, people should not be worrying about losing their keys or passwords. Apps are also becoming a barrier for bitcoin adoption – people get tired of using apps for just trying....
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Announced on Twitter on February 11, 2015, Telebit started to gain traction earlier today. Telegram is an instant messaging app for smartphones, tablets and the web. Similar to Whatsapp, the popular instant messaging app acquired by Facebook in 2014 for $19 billion, Telegram offers better privacy and security, as well as an open protocol and API. These features have gained Telegram 50 million faithful users. A Bitcoin wallet integrated with Telegram, Telebit allows bitcoin to be exchanged among other Telegram users as well as external bitcoin addresses. "The [Telebit] system has been live....