Private payments using Mobilecoin are enabled by Encrypted Messaging app Signal

Private payments using Mobilecom are enabled by Encrypted Messaging app Signal

A payment feature that allows users to send cryptocurrency to other users privately by Encrypted messaging app signal has begun testing.

Integrating Support for MobileCoin for a new peer-peer payment system in the beta version of its app has been announced by Signal on Tuesday, April 6.

The new system has been launched for beta testing on iOs platforms for UK-based users and which is at current price. The new system is called Signal Payment. Signal payment which has been designed to use on smartphones only supports MobileCoins  MOB cryptocurrency.

Signal was mulling private crypto payments in January as reported by Cointelegraph. Signal’s head of growth and communication, Jun Harada, commented on the privacy features of MobileCoin, stating:

“As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s design means Signal does not have access to your balance, full transaction history, or funds. You can also transfer your funds at any time if you want to switch to another app or service.”

Signal creator, Moxie Marlinspike, stated that the new payments feature is an attempt to extend its privacy protections to payments, with the same experience that the app has offered for encrypted conversations.

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