Messaging platform Kik is launching its own digital currency

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Kik is venturing into new territory.

The messaging service announced on Thursday that it was launching its own digital currency, called "Kin" that can be used to buy services on its platform. 

Users will be able to use Kin to buy games, live video streams and other digital products.

Kin will be created on the Ethereum blockchain — a rival to Bitcoin — and is expected to make its debut some time this year.

“Kik will be the largest install base of cryptocurrency users in the world,” said Kik's CEO Ted Livingston, according to a Bloomberg report.

"Kin, on day one will be the most-used cryptocurrency in the world." Read more...

More about Bitcoin, Kik, Cryptocurrency, and Tech

COntributer : Mashable http://ift.tt/2r3P0GW

Messaging platform Kik is launching its own digital currency Messaging platform Kik is launching its own digital currency Reviewed by mimisabreena on Friday, May 26, 2017 Rating: 5

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