It appears that WhatsApp users might soon be able to send Bitcoin (BTC) and other tokens to each other through a new crypto wallet service developed by Wuabit.
The new Wuabit service will let users access their crypto assets from within WhatsApp. Wallet functions include sending and receiving, trading and perhaps even other crypto-associated tasks.
The team also plans to bring the service to other social platforms, like Facebook Messenger, Telegram and Viber, and even SMSes. An early report from Britain’s The Express indicate that the public beta will start next month.
The company mentions that AI will be a big part of the service, and users can simply type in such statements as “Send 0.01 BTC to Vera,” which would be a convenient way for non-tech individuals to send and receive crypto.
Wuabit calls itself a “cryptocurrency wallet accessible via a chat interface.” The official blog post on the service covers security, privacy and the process by which users can send and receive cryptocurrencies.
Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum (ETH) are also being considered for integration.
A spokesperson told The Express:
We are near completing the wallet core service starting with BTC. By using WhatsApp/SMS/Telegram you can access that wallet easily. Crypto payments via WhatsApp can introduce greater numbers of new users who only know how to chat to this complicated space. Usability is key in user adoption and a great enabler.
WhatsApp is a billions-strong platform, with plenty of potential in getting strong crypto adoption.
The Facebook-owned app is already being considered by the social media giant as a proving grounds for cryptocurrency. There are rumors Facebook will launch some sort of crypto-service on the platform in India, focused on remittances.
Such news has some individuals excited as it increases crypto exposure to the general public.