Nchain Acquires Majority Stake in BCH-Application Handcash
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Nchain Acquires Majority Stake in BCH-Application Handcash

THELOGICALINDIAN - On Monday the blockchain analysis and development close Nchain appear the accretion of a majority pale in the Bitcoin Cashcentric startup Handcash The Handcash belvedere allows users to accelerate BCH in a contactless address application abreast acreage advice NFC technology

Also read: BCH Miners Discuss Funding Development With a Fraction of Block Rewards

Nchain Acquires a Majority Stake in the BCH Platform Handcash

Nchain Acquires Majority Pale in BCH-Application HandcashThis anniversary the close Nchain Group appear they had “closed a deal” that gives the aggregation a ample pale in the Handcash platform. According to Nchain, the accord was facilitated through the company’s advance arm Nchain Reaction. News.Bitcoin.com reported on Handcash this accomplished February back the aggregation launched its bitcoin banknote beta applicant for Android phones. The Handcash app allows users to transact with BCH application NFC technology and the belvedere was created by two developers from Spain, Alejandro Pascual Agut and Rafael Jiménez Seibane.

“Bitcoin was conceived to be peer-to-peer cyberbanking banknote — So we wondered why Bitcoin was not actuality acclimated like cash,” Alejandro Agut explained during the announcement.    

Nchain Acquires Majority Stake in BCH-Application Handcash

The Nakasendo SDK  

Nchain Acquires Majority Stake in BCH-Application HandcashEarlier this month, the Handcash development aggregation additionally appear they were accustomed to use the Nchain software development kit (SDK) Nakasendo afore it was about released. News.Bitcoin.com batten anon with Agut about how the new affiliation with Nchain what the BCH association apprehend from Handcash activity forward.

“It absolutely opens up new collaborations with added apps and casework from the Nchain ancestors appropriate away, so we can put our protocols there and carnality versa,” Agut details. “We are already alive with a “Magic Protocol” that will be able to affix your Handcash wallet to third-party casework — It uses the Nakasendo SDK — Also, we are activity to be aboriginal in band to analysis accessible SDKs for a few new appearance we appetite to accept in the future.”

User Interfaces Need to Become Better and Easier

Nchain says that the appliance Handcash accomplish it easier to accelerate BCH in a contactless appearance after any of the processes of artful an abode or scanning a QR code.  

“For Bitcoin Cash to grow, user interfaces charge to become bigger and easier to use — We are afflicted with Handcash and its eyes for simplifying the Bitcoin Cash transaction action to a contactless approach,” Nchain Group’s CEO Jimmy Nguyen declared during the acquisition.

Over the years there accept been a brace attempts of NFC cryptocurrency wallets but annihilation has absolutely acquired traction. There’s been a continued delay for a cryptocurrency belvedere that delivers bland and effortless cryptocurrency affairs accumulated with NFC technology, and BCH proponents achievement this affiliation delivers on its promises.

What do you anticipate about Nchain accepting a ample pale in Handcash? Let us apperceive in the comments below.

Images via Shutterstock, Nchain, and Handcash.