Swiss startup Zulu Republic is building a bot that allows users to send and accept cryptocurrencies around the Facebook Messenger app. These exchange can be made but requiring users to yield supportive information.
Bot supports 4 cryptocurrencies
The association formed in Crypto Valley suggested that the bot now supports 4 cryptocurrencies: Bitcoin, Ethereum, Litecoin and the possess local currency, ZTX. The association explained that it aims to accelerate the adoption of cryptocurrencies through the innovative work.
Launched around Zulu Republic’s Lite.IM project, the bot’s harmony with Facebook Messenger is an considerable enlargement following the initial doing around Telegram and content messages. While commenting on this latest development, Zulu Republic explained that securing support for content messages had served as a critical first step for the project, as it enabled mobile users to easily conduct their cryptocurrencies, with or but internet access.
The launch of this product places Lite.IM well forward of Facebook with regards to cryptocurrency payments. In Dec 2018, reports flush saying that the amicable media hulk was looking to emanate a stablecoin that could be used for income transfers on the WhatsApp app.
The enlargement group at Lite.IM settled that “with each new update, Lite.IM becomes more and more of a user-friendly cryptocurrency powerhouse, relocating us closer and closer to widespread adoption. We’re unapproachable to be bringing the world’s most renouned cryptocurrency to the total 2.5 billion users of Facebook and Telegram, not to discuss all those who miss constant internet entrance that can now conduct Bitcoin around SMS messaging.”
Facebook has come underneath heated inspection in new months per the collection of user data. Lite.IM suggested that it had taken graphic actions to residence any intensity remoteness concerns the users might have, adding that they will never store their customers’ discuss records. As an additional remoteness measure, the bot utilizes secure cue forms and modernized private pivotal encryption. Thus, third parties such as Facebook will not have entrance to any supportive information that could concede a user or their funds.
New facilities to be introduced
The association suggested that it is still building additional facilities for the bot, and reliable that these additions should be prepared for recover in the nearby future. The new facilities will concede the bot to both confederate with new platforms as well as support more cryptocurrencies.
Zulu Republic common extensively about because it chose amicable messaging as the subsequent aim for the bots, indicating out that the online universe is increasingly streamer towards those platforms. The altogether recognition and enlargement of these choice platforms (particularly among millennials) is distant aloft than that available by normal amicable media companies.
According to Zulu, holding advantage of the widespread recognition and enlargement of existent platforms will eventually assistance foster the adoption of digital currencies. Companies can maximize their strech and build on existent movement if they offer services that are concordant with what people are already used to.
According to research, the normal consumer creates use of 9 different apps per day. Thus, Lite.IM explained, it is critical to bond with consumers in the environments where they spend most of their time and with which they are familiar. They combined that this could assistance residence the large user knowledge problem that has long tormented the crypto world.