WhatsApp - 1.5 billion to help mass adoption?

WhatsApp - 1.5 billion to help mass adoption?

By Adam Funnell | The Bash Blog | 26 Jan 2020

Social messaging apps are popular among cryptocurrency communities.

As Telegram seems to be filling up with more and more scammers and spam, not to mention the recent problems with the SEC, more and more of my conversations for business and networking are now on the Facebook owned messaging app.

I was thrilled to read thay Gaby.io and Bancor are partnering to bring more cryptocurrency services to WhatsApp. This new partnership is to help facilitate the exchange of digital assets between users of the messaging application.

Worlds leading messenger app..

Text messages, voice calls, recorded voice messages, video calls. WhatsApps success is it's flexibility. Business chats, to family groups, it gives everyone all the tools needed to stay in touch. 

Given the platforms some 1.5 billion users worldwide, this is something that can help to boost global adoption of cryptocurrencies.

Assets will include Ethereum and ERC20 tokens, with more to be added in the future. The system will use Bancors smart contracts and use the Gaby Wallet.

Mass Adoption?

Let's see where this goes. However given WhatsApp and it's global reach in regions like India with a large unbanked population, but high smartphone penetration, this can only be a welcome move towards public awareness and eventual mass adoption.

I have said many times that 2020 will be the year we start to see adoption. Forget the hype of 2017, this is where things start to happen.

Adam Funnell
Adam Funnell

Passionate about disruptive technology. I hold BTC, Ethereum and smaller holdings in WXT, BAT, and BNB.

The Bash Blog
The Bash Blog

Bitcoin, mass adoption, regulation, networking and events. 6 years deep and loving the space!

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