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Friday, June 14, 2024

Apple’s Smartwatch Welcoming Bluewallet’s Lightning Wallet

Bitcoin News

Certain products or companies have specific positions in their respective markets. They are the leaders, influencers, and radicals. When it comes to technology and mobile device industry, Apple is the name we all look up to.  Bitcoin technology and crypto payment industry was not getting any loop to integrate with Apple so far. But not now!

As per the recent news reports, Apple smartwatch users can now receive lightning payments through their Apple smartwatch via this wallet. Bluewallet has come up with an app/ lightning network wallet for Apple smartwatches, using which people can receive bitcoin payments. The payer can scan the QR code of the payee and make the payments.

Well, the technology is not radical, but getting a space on Apple store is something which would take this app miles ahead than others. However, the project is still under the experimental phase and getting to know the market to get launched full throttle. Bluewallet, the greater of the lightning wallet posted one tweet giving small details or trivia about the new product which it hopes would see the real market soon. The app is a few weeks old and is available on the iTunes store.

The Product and UX engineer of the app said,

Product and UX engineer of the app said

Launching a new product is fine, coming up with new services is always better but why would somebody go for something, which is hardly needed? Or ‘a need can be created.’ Why a wallet enabling lightning payments that are too using smartwatches which market is anyway smaller than smartphones.

The truth is many people are using smartphones to track health, for fitness or know the burned calorie count. Bluewallet wants to know if people would like to receive payments through their smartwatches too, without needing to touch their smartphones.

A Bluewallet executive said,

Bluewallet executive said

However, he also mentioned that this is an experiment, and anyway lightening technology itself is in the experimental phase at the moment.

“If feedback is good, we’ll spend more time on the project,” he told CoinDesk. “It’s a very early stage industry, so we’re trying to figure out how to build this stuff properly.”

Darryl Fisher

Darryl Fisher is a technical analyst with background in finance. He is a self made writer for his passion in finance and cryptocurrency world. He has three years of writing experience in financial world. He has recently joined EdgeCoinNews as a crypto writer. Before getting into writing, he is trader and analyst in well known corporate firms.

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