Telebit, a bitcoin wallet that enables fast and easy bitcoin transactions to Telegram users, has recently announced the launch of its Android app that will facilitate sending payment requests to other users and collaboration with Trezor, the bitcoin safe, as reported by CCN. Telegram, an instant messaging app, is identical to WhatsApp (a mobile messaging app that allows users to exchange messages without incurring SMS charges) but faster and more secure.
"The app we just launched is optional but has a much nicer user interface and more features such as Trezor hardware wallet integration," said co-founder Jonathan James Harrison.
The app will allow users to scan bitcoin QR codes with a camera, generating QR payment requests for specific bitcoin amounts along with viewing transaction history.
Harrison pointed out Telegram's open source architecture makes it suitable for bitcoin. Talking about Telegram's benefits over Whatsapp, he said,
"If Whatsapp could send bitcoin around as easily as it sends messages, the world would very quickly adopt bitcoin as a global currency. Unfortunately, Whatsapp is not open source, so we can't build a bitcoin wallet service for it. But Telegram is (open source), and that's why we built this wallet that runs on the Telegram network."
