BTCC Announces Mobi Wallet at Money 20/20 by Ryan Strauss 5 years ago in Bitcoin, Bitcoin Businesses On Monday morning at the Money 20/20 conference, Bobby Lee, CEO of BTCC announced the launch of Mobi, the company’s new, user-friendly wallet, which enables users to send bitcoin and 50 other types of money to anyone by typing in a recipient’s phone number. Also read: Nick Szabo to Keynote CDC Smart Contract Symposium in New York Get 110 USDT Futures Bonus for FREE! BTCC’s Mobi Wallet: Phone Number-Based Bitcoin Transactions Through leveraging phone numbers as an end-customer identifier, Mobi will provide a mobile-money tool for the unbanked or underbanked to use digital currency, serving customers worldwide so long as they have access to a mobile phone. “Gone are the days of QR codes, and long addresses,” said Lee. Moreover, users will be able to instantly convert over 50 currencies, including gold and silver, with Bitcoin through the multi-faceted app. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Lee started by asking the audience who in the room owned any bitcoin. About 15 percent of the audience raised their hands in support of this claim. Wearing a hat with the slogan, “Make Bitcoin Great Again,” Lee went on to explain how physical currency as the most common form of payment worldwide can be recreated in the digital world through blockchain technology. Even given the scaling Bitcoin debates, Lee said, creating digital currency tools that can reflect properties of cash is still imperative to advancement in the space. “We can already send information around the world instantly, why shouldn’t it be the same with money?” Mobi is the brainchild of parent-company BTCC, an organization whose vision, according to Lee, is that one day, everyone will use bitcoin globally. “The kiler app for bitcoin is as it was, Bitcoin as money,” Lee said. “We think blockchain is the answer!” BTCC’s announcement brings to mind the project of MPESA, the successful mobile-money platform that has been in use in Kenya successfully for over 10 years. If BTCC can take advantage of its deep liquidity and large network to provide a tool that can significantly increase Bitcoin adoption in the developing world, many will be open to new business opportunities. You can download the application today by visiting Mobi.me. What do you think about BTTC’s announcement of the Mobi wallet? How will this play into the wallet space? Share your thoughts below! Images courtesy of Ryan Strauss, BTCC. Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Sign Up I consent to my submitted data being collected and stored. BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Ryan Strauss Ryan Strauss is an avid writer and Bitcoin fanatic who has been involved with the cryptocurrency space since 2012. A 'crypto-industrialist', Ryan is also the author of #100DaysOfBlogging. Follow on Medium.com/@ryanstr. Related Posts News From El Salvador, Late November: Post Bitcoin Week Report 3 hours ago Billionaire Tells Investors; “Buy Bitcoin Right Now” 21 hours ago Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 8, Part 1: Digital Money) 1 day ago Morgan Stanley Deepens Crypto Exposure Through Grayscale Bitcoin Trust 2 days ago What Is The Reason Behind Plummeting Bitcoin Transaction fees? 3 days ago Bitcoin Leads Market As Inflows See An Uptick From Previous Week 4 days ago Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology. BITCOIN News Price Businesses Acceptance Technology Investment Regulation Reviews ALTCOINS News Price Ethereum Ripple Litecoin EOS NAGA CATEGORIES Blockchain Security FinTech Technology Trending Breaking News Press Releases How to PAGES Contact us Editorial Policy Advertise © 2021 Bitcoinist.com. All Rights Reserved. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree We'd like to show you notifications for the latest news and updates. Allow Cancel