Bitcoin Soon Accepted at Niwali Test-O-Boost Health Store
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The Future is Binary – Thanks to Apple’s policy shift last week, Bitcoin wallets are now available for download in the iOS App store again. Previous iPhone wallet apps such as Coinbase or Blockchain are now replaced by the brand-new ‘Coinpocket’, which offers the same features as its predecessors, such as sending and receiving Bitcoin on iOS, exporting encrypted paper wallets as well as multiple sources for US dollar to BTC conversion. In addition to that, the new Coinpocket app also allows for full access to the camera hardware, thus enabling QR code scanning within the app and is able to generate a BIP38 encrypted version of the private key. Now that Apple’s policy is approving Bitcoin wallets, customers can expect a plethora of new apps to be developed soon, than will make use of the Bitcoin system.
Bitcoin is a payment system that was first introduced in 2009 as open-source software by Satoshi Nakamoto. Payments made through the system are recorded in a public ledger, which uses its own currency, called Bitcoin. Bitcoins can be earned through payment processing work, called mining, whereas companies and individuals record payments into the public ledger in exchange for newly created Bitcoins. Other ways to obtain Bitcoins are exchanging flat money, products or services for the virtual currency. Given the anticipated increase in Bitcoin-friendly apps that can be used for transactions on personal computers, mobile devices or web applications, Niwali Test-O-Boost Health Store decided to get ready for Bitcoins as well — the company is currently working on plans to implement the system with the goal to accept Bitcoins as a method of payment within the next three months.