Signal is testing a new feature that enables you to send and receive privacy-focused payments as easily as sending or receiving a message, the company announced in a blog post.
“We want payments in Signal to be fast, private, and work well on mobile devices. The first payments protocol we’ve added support for is a privacy-focused payments network called MobileCoin, which has its own currency, MOB.”
You can link a MobileCoin wallet to Signal so you can start sending funds to friends and family, receive funds from them, keep track of your balance, and review your transaction history with a simple interface.
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.
This feature is currently rolling in the United Kingdom and will be expanded to more country soon, according to Signal.
