Many WhatsApp users now favor Signal.

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ISOPIX / SIPA

First in number of downloads in the Apple Store, Signal is currently developing cryptocurrency payment solutions,

Clubic

reports

.

Experiments based on MobileCoin (MOB) are underway.

It is a cryptocurrency built on the Stellar blockchain, designed to make payments simple, secure and potentially impossible to trace can we read on

Platformer

.

Frandroid

adds that this option could facilitate donations to the foundation.

The ties between Moxie Marlinspike, the CEO of Signal, and MobileCoin are close since it holds an advisory role in this cryptocurrency project.

According to the manager, these tests are only “explorations of concepts”.

Nevertheless, significant resources were devoted to this project would have told former employees of the messaging application to

Platformer

.

Illicit activities?

While Signal benefited from the announcement of the change in WhatsApp's terms of service, its employees are concerned about the consequences of the development of a cryptocurrency and the adoption of MobileCoin.

They believe that this system, and end-to-end encrypted messages, could attract illicit activity, reports

Frandroid

.

“If we decided to integrate payments into Signal, we would try to think very seriously about how to do it,” said Moxie Marlinspike.

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  • Virtual currency

  • Mobile app

  • High Tech

  • Messaging