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Signal is testing a payments feature that lets you send cryptocurrency to friends

Signal it’s now testing a new peer-to-peer payments system within the beta model of its apps. Appropriately referred to as Signal Payments, the brand new feature proper now helps just one protocol: the MobileCoin pockets and its companion cryptocurrency MOB. MobileCoin has a shut relationship with Signal co-founder and CEO Moxie Marlinspike, who suggested the corporate prior to its .

“The primary payments protocol we’ve added help for is a privateness targeted payments community referred to as MobileCoin, which has its personal forex, MOB,” wrote Jun Harada, Signal’s head of development and communication, in a . “As at all times, our aim is to maintain your information in your arms relatively than ours; MobileCoin’s design means Signal doesn’t have entry to your stability, full transaction historical past, or funds. You can even switch your funds at any time if you need to change to one other app or service.”

The corporate says these curious about attempting out the feature should stay within the UK for now, and people who qualify can join MobileCoin and entry the feature by the . “This is a beta feature in a , however for these in the UK residing life on the sting, please assist us check and provides suggestions,” Harada writes.

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