MobileCoin is a new mobile-first cryptocurrency project that is designed to tackle some of the limitations related to cryptocurrency transactions conducted on mobile platforms, specifically problems related to speed and transaction times.
Most existing cryptocurrency apps simply cannot handle the massive trading volumes involved in cryptocurrency trading, while long transaction times make it difficult for even the most sophisticated traders to swiftly take advantage of market movements. This is where MobileCoin comes in. This easy-to-use, mobile-first cryptocurrency is designed to be integrated into popular messaging apps such as Signal or WhatsApp, allowing users to access the apps' communications infrastructure to send and receive funds securely.
By facilitating cryptocurrency payments across different apps and mobile networks, MobileCoin looks to ensure that traders and investors can carry out their operations on their existing smartphones.