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India’s first bitcoin trading app
December 29 , 2017
2553 days
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- Dubai based “Pluto Exchange” has launched the India’s first Bitcoin trading app for transacting in virtual currencies
- The first app-based wallet will enable the transaction of bitcoin using a mobile number and it is specifically targeted at the Indian market.
- It offers a solution to the coordination problem between payment processors, financial gateways and banks
- The app would permit a range of transactions, including payments, remittances, business-to-business commerce, supply chain finance, asset management and trading.
- Bitcoin is a crypto currency used as a payment system and is said to be the first decentralized digital currency.
- There is no central bank or administrator for this system. This is carried via peer-to-peer connections and all transactions take place with the support of cryptography.
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