The MobileCoin Project Aims to Make Cryptocurrency Trading Speedier
Rahul Kalvapalle — January 10, 2018 — Tech
References: mobilecoin & wired
MobileCoin is a new mobile-first cryptocurrency project that is designed to tackle some of the limitations related to cryptocurrency transactions conducted on mobile platforms, specifically problems related to speed and transaction times.
Most existing cryptocurrency apps simply cannot handle the massive trading volumes involved in cryptocurrency trading, while long transaction times make it difficult for even the most sophisticated traders to swiftly take advantage of market movements. This is where MobileCoin comes in. This easy-to-use, mobile-first cryptocurrency is designed to be integrated into popular messaging apps such as Signal or WhatsApp, allowing users to access the apps' communications infrastructure to send and receive funds securely.
By facilitating cryptocurrency payments across different apps and mobile networks, MobileCoin looks to ensure that traders and investors can carry out their operations on their existing smartphones.
Most existing cryptocurrency apps simply cannot handle the massive trading volumes involved in cryptocurrency trading, while long transaction times make it difficult for even the most sophisticated traders to swiftly take advantage of market movements. This is where MobileCoin comes in. This easy-to-use, mobile-first cryptocurrency is designed to be integrated into popular messaging apps such as Signal or WhatsApp, allowing users to access the apps' communications infrastructure to send and receive funds securely.
By facilitating cryptocurrency payments across different apps and mobile networks, MobileCoin looks to ensure that traders and investors can carry out their operations on their existing smartphones.
Trend Themes
1. Mobile-first Cryptocurrencies - The integration of cryptocurrencies into mobile messaging apps enables faster and more secure transactions.
2. Speedy Cryptocurrency Trading - MobileCoin aims to overcome the limitations of existing cryptocurrency apps by providing a mobile-first solution for faster trading.
3. Seamless Mobile Payments - MobileCoin's integration into popular messaging apps allows for seamless and secure cryptocurrency payment transactions.
Industry Implications
1. Cryptocurrency - The MobileCoin project disrupts the cryptocurrency industry by introducing a mobile-first approach to improve transaction speed.
2. Mobile Messaging - MobileCoin's integration with popular messaging apps disrupts the industry by enabling users to send and receive cryptocurrency through familiar platforms.
3. Financial Technology - MobileCoin provides disruptive innovation opportunities by revolutionizing mobile cryptocurrency transactions and payment solutions in the fintech industry.
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