menu

QuickCoin Makes Sending Bitcoin As Easy As Logging Into Facebook

technology

The wallet app lets users easily send virtual currency to others via the social network.

Leah Gonzalez
  • 23 may 2014

The concept of crypto currencies like Bitcoin and the processes behind them can seem complicated and quite confusing to most people. That is one of the main reasons why the virtual currency still isn’t widely used, especially in day-to-day transactions.

San Francisco-based startup QuickCoin aims to make it quick and painless for people to get started on Bitcoin by making it easy for them to send the virtual currency to other people via Facebook.

Quickcoin is a Bitcoin wallet app similar to Venmo but for crypto currencies. To send Bitcoin to a friend, users simply have to login with Facebook, select the friend to send the virtual money to, and click send. The user types in an amount and can also choose whether to publish a message on the friend’s wall or send a private message before confirming the transfer. The user receives a transaction receipt after the transaction is completed. Quickcoin also has an option to send dollar amounts instead of Bitcoin to make it even easier for users.

Quickcoin-1.jpg

If the user chooses to publish on their receiver’s wall, Quickcoin will simply post a message that says the user paid his or her friend with Bitcoin. The message does not say anything about the amount so all involved parties don’t have to worry about the details of the transaction being revealed to the public.

Though the founders of Quickcoin admit that paying for items with Bitcoin is still a problem since most businesses haven’t adopted the virtual currency just yet, they see that problem as something that can be solved down the road. Their initial focus is on making it easy for people to send and trade Bitcoins using a platform that they’re already very familiar with.

The Quickcoin social wallet is browser-based and can be used on any device and anywhere in the globe. Quickcoin transfers are also instantaneous so there isn’t any waiting involved. The web-based app is currently in open beta.

QuickCoin

[h/t] The Next Web

Header Image: btckeychain CC BY 2.0

technology
Trending

Japanese Face Wash Creates A Perfect Rose Every Time

Arts & Culture
Mobile Today

Get A Better Idea Of How You Are Wasting Your Time

The TouchTime app is trying to revolutionize personal task management by providing detailed insight on how to be more efficient

Culture Today

London Telephone Box Repurposed As A Tiny Mobile Repair Shop

Tools and supplies to replace broken screens or damage are neatly stowed away in these micro-workrooms

Trending

Get PSFK's Latest Report: Future of Retail: Technology Primer

See All
Design Today

Conceptual Sportswear Created Out Of Futuristic Condom Material

A Dutch fashion designer is experimenting with new methods and fabrics to make high performance clothing

PURPLELIST EXPERTS

Jordan Fish

Build-Your-Own StoryTeller

Syndicated Today

Would You Wear Wool Shoes To Save The Environment?

As demand for wool shoes grows, a number of US footwear brands are heading directly to the source: the sheep pastures of New Zealand

Sustainability Today

Self-Healing Material Is Fashioned Out Of Squid Teeth

Penn State researchers have devised a new textile that uses organic proteins

Arts & Culture Today

Search Engine Turns Your Own Drawings Into Photos

This image-matching software accepts hand-made sketches instead of keywords

PSFK LABS REPORT

Future Of Work
Cultivating The Next Generation Of Leaders
NEW

PSFK Op-Ed august 23, 2016

Modern Workplace Culture: No More Fat Cats Or Kissing Ass

Samar Birwadker, CEO & Co-Founder of Good & Co, on designing shared organizational values to optimize employee happiness and success

PSFK Labs Yesterday

PSFK’s Workplace Vision: How The Nurturing Of Seeds Will Come To Define The Onboarding Process

Our Future of Work vision is a service that allows companies to assemble and deliver welcome packets that are uniquely focused on the concept of growth

Arts & Culture Today

Illustrator Interprets The Experiences Of Blind Travelers

Artist Alby Letoy creates drawings of poignant travel memories for the visually impaired

Advertising Today

Clickbait Titles Used For The Good Of Charity

An agency devised an unlikely campaign that uses clickbait as a positive force to drive awareness to nonprofit initiatives

Advertising Today

The Best In Eye-Catching Olympics Campaigns

PSFK rounds out the Rio Games with our picks for the best advertising moments off the field

Work Today

Editorial Roundtable: The Arrival Of The People-First Workplace

Managed By Q, Soma, Workbar, Primary and thinkPARALLAX enumerate the reasons why companies need an employee-embracing workforce in order to exist

Arts & Culture Today

Transforming Light Waves Into A New Art Form

An artist uses glass treated with layers of metallic coatings to create a unique installation called lightpaintings

INSIGHTS COVERAGE

Rio Olympics
Innovation Coverage From The Rio Games
READ NOW

Design Today

This Windbreaker Lets You Explore The Outdoors While Charging Your Phone

The apparel includes solar panels that allow the wearer to stay connected through the power of renewable energy

Asia Today

The Goal Of This Game Is To Not Get Laid Off From Your Job

A hit mobile app has you working really, really hard to not get fired as you climb the corporate ladder

Advertising Today

Movie Critic Bot Guides Viewers Through Festival Offerings

The Toronto International Film Festival has created a Facebook Messenger chatbot to help attendants curate their schedule

No search results found.