Lite.IM has devised a bot that will allow Facebook users to securely send and receive crypto through the Messenger app, and claims all sensitive information will be kept private.
The bot supports bitcoin, ethereum, litecoin and ZTX, the Lite.IM’s native token. According to a company statement, it is “driven by a vision of what the world might look like if the founding ideals of the cryptocurrency revolution were actually realized — a place where anyone can enjoy financial freedom irrespective of their technical skills or the region of the world where they reside.”
Being on Facebook Messenger is something of a milestone event for Lite.IM, which has previously launched the product on Telegram. Zulu Republic, which is the parent company of Lite.IM commented that offering text message support was an essential element in fulfilling its ambition, as it means “anyone with even the most basic mobile phone” can manage their crypto, with or without access the internet.
The Lite.IM team said in a recent blog post: “With each new update, Lite.IM becomes more and more of a user-friendly cryptocurrency powerhouse, moving us closer and closer to widespread adoption. We’re proud to be bringing the world’s most popular cryptocurrency to the combined 2.5 billion users of Facebook and Telegram, not to mention all those who lack dependable internet access that can now manage Bitcoin via SMS messaging.”
Zulu republic defended the choice of using social messaging as the platform for crypto payments, saying, “such platforms are where the online world is heading — with usage, especially among younger generations, experiencing growth that far outpaces traditional social media companies.”
Ironically, Lite.IM is ahead of Facebook with regard to crypto payments. In December 2018 there were rumours that the media giant was preparing a cryptocurrency and payments transfer service for users of the Whatsapp service, which is owned by Facebook. However, so far there has been no more news about this.