WhatsApp Payment Service Holds Implications for Bitcoin Adoption

Until recently WhatsApp and other instant messaging services were used only for communication. Then gradually it was adopted for advertising and marketing. Now, a Mexico based Bitcoin start-up called Volabit has found a completely different use for WhatsApp. The company has launched a new service called Jamie. Jamie is your assistant that can pay the bills for you. Operated by a computer bot, Jamie uses the bitcoin balance in your Volabit account to pay for the services. All you have to do is take a picture of the bill and send it to 322-200-4949 on WhatsApp. Once the request is confirmed,....

Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of the messaging service. This is an extension of the pilot program started six weeks ago focusing on remittances. Novi Extends Pilot Program With Whatsapp Integration Novi, the wallet service of Meta, has launched an extension of its pilot program that started six weeks ago. This new phase....

As WhatsApp goes down once again, there are a number of alternative platforms that are popular alternatives in the cryptocurrency space. Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage.Users took to social media platforms like Twitter to share hilarious memes about the outage, with many flocking to alternative social media platforms to find out if they were alone in their lack of service. A similar situation took place in....

WhatsApp has decided to turn on encryption for all messages. Will this lead to more private conversations or have they just opened a can of worms? What is encryption and how will it work for WhatsApp users? On April 5, 2016, WhatsApp announced on its blog that they were going to start providing full end-to-end encryption. The announcement says: “The idea is simple: when you send a message, the only person who can read it is the person or group chat that you send that message to. No one can see inside that message. Not cybercriminals. Not hackers. Not oppressive regimes. Not even us.....

The hugely popular messenger application, WhatsApp, has changed its privacy policy in order to share more user data with its parent company Facebook. WhatsApp Changes Privacy Policy. This move has some WhatsApp customers feeling betrayed as it seems to directly contradict previous statements made by the company. It is also the first time the firm has changed its privacy policy since it was bought by Facebook in 2014. Regarding the data sharing, WhatsApp said that it will ultimately benefit its users by helping to stop spam and other abuses. Additionally, it would also offer people “better....