Encrypted calling app Signal is testing a new UK privacy-focused payments feature in order to give users a viable alternative to WhatsApp Payments.
According to For a post New, the latest beta update of the app brings support for a new feature called Signal Payments, which allows you to send and receive payments via the platform using MobileCoin.
MobileCoin is a privacy-focused payment protocol that provides users with a digital wallet and an accompanying cryptocurrency called MOB.
The latest Signal beta update enables UK users to easily link their MobileCoin wallet to the app to send and receive money.
It also provides a simple interface to help you track your balance and review your transaction history.
Given the way the MobileCoin protocol is designed, Signal will not be able to access any of your payment information.
The post indicates the following: As always, our goal is to keep your data in your hands, and the MobileCoin design means that Signal cannot access your balance, complete transaction history or funds, and you can also transfer your money at any time if you want to switch to an app or service. Other.
And if you are willing to try Signal Payments, you can sign up for the trial program via this link.
The latest trial version should be available on the Play Store after registration is complete, and after setting up your MobileCoin wallet via the app, you will be able to purchase MOB via FTX and other trading platforms.
MobileCoin has a close relationship with co-founder and CEO of messaging app, Moxie Marlinspike, who advised the company ahead of its latest funding round announced last month.
The app has introduced several new features over the past two months to take advantage of the recent backlash against its biggest competitor, WhatsApp.
And the privacy-focused messaging service provided support for encrypted conference calls, personalized wallpapers, animated stickers, and more.
Signal also received a new backup feature that allows you to easily transfer chats to a new device.