From Mobile Devices to Mobile Currencies
We live in a fast-paced world, we lead busy lives and we’re constantly on the move. And when we say we, we don’t mean the ‘Royal We’! We mean every working man and woman on the planet. It’s hard to escape the madness of modern life, and some of us actually love it.
Every day, new technologies are being utilized in ways that help facilitate our hectic schedules. Mobile phones are a prime example of this. The smartphone has become our communication device, our web browser, our calendar, our address book, and our games hub.
In more recent times, our smartphone has also become our go-to device for internet banking. With new and improved security systems, we have become more comfortable with using our mobiles to pay bills, transfer funds and shop online.
New forms of mobile banking even allow us to use our mobile phone bill as a way of making payments. It’s no wonder then that the movers and shakers in the world of cryptocurrency have turned their collective gaze to mobile technology.
Cryptocurrency mobile phone apps have been circulating for a while now. In order to make use of your cryptocurrency, you need an app like Blockchain Wallet, which essentially works like a bank account. It keeps track of currency conversion rates, allows you to transfer funds from one wallet to another and allows you to make online payments. Blockchain Wallet is just one of many apps that function in this manner. It’s worth taking the time to do some research before committing to one or another. The most important element to look out for is security. Only a secure wallet makes this kind of banking method viable.
Another mobile app worth having is the Bitcoin Checker. Bitcoin Checker is a hugely popular app that allows cryptocurrency traders to keep track of the value of Bitcoin at any given moment. It also tracks other forms of cryptocurrency and is super easy to understand, which probably accounts for its mass appeal. Again, there are quite a few apps that offer this kind of information; some are more geared towards professional traders and some are better suited for those just starting out.
Many businesses are now accepting cryptocurrency as a form of payment, also through the apps. The online casino industry, for example, was one of the first to embrace it. If you wish to know more about how to use your cryptocurrency to play games, all you need to do is check out https://casinopilot.ca/banking/bitcoin and you can find a top bitcoin casino Canada. You can use your mobile app to purchase groceries, buy clothes and even purchase a house – all you need to do is find a vendor that accepts your currency.
Cryptocurrency on the Go
The widespread use of smartphones has even led to the creation of new cryptocurrencies that are mobile-led. Electroneum, for example, is exclusively for smartphone users. It aims to give anybody and everybody access to a banking method, particularly those who may not be eligible or have access to traditional methods.
Electroneum is set up in a similar fashion to a mobile banking solution like Revolut. Funds can easily be transferred from one user to another in an instant. Individuals can use their mobile to make purchases and businesses can use the app to accept payments. The model is certainly appealing and it’s made even more so by the inclusion of in-house games and special offers.
Mobile devices have given us an unquenchable thirst for convenience. We want everything to be available in an instant, at the touch of a button and on a device that is as light as a feather. It’s certainly not a stretch to say that increased mobile usage has led to an increase in cryptocurrency usage. In the early days of cryptocurrency, we were wary of walking away from traditional banking.
But the more we have become accustomed to living in the digital age the easier we have begun to feel about switching to a digital currency. The only question is, how much longer will traditional banking survive in the wake of our new found digital independence?