• About Us
  • Feedback
  • RSS Feed
  • Privacy Policy
  • Disclaimer
  • Sitemap
Odisha News, Odisha Breaking News, Odisha Latest News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News
Home Science & Tech

Musk Plans WeChat-Like Payments System On Twitter That Includes Crypto

OMMCOM NEWSbyOMMCOM NEWS
January 31, 2023
in Science & Tech

San Francisco:  Twitter under Elon Musk is now working on a payments system that will support accepted currencies with crypto functionality embedded into it.

According to a report in The Financial Times, citing sources, the payments feature will support fiat currencies to start with.

Neither Musk nor Twitter confirmed the development.

“Mr Tweet” has apparently instructed developers to build the platform’s payments system.

Twitter has been teasing about bringing payments to its platform as Musk wants it to become “an everything app” like China’s WeChat.

“Buying Twitter is an accelerant to creating X, the everything app,” Musk said in October last year, as he took over the company after acquiring it for $44 billion.

“Twitter probably accelerates X by 3 to 5 years, but I could be wrong,” he added.

Later, images surfaced about “Twitter Coins” on social media.

Unconfirmed rumours also emerged that Twitter was working on a wallet prototype that would support crypto deposits and withdrawals.

Musk’s “Twitter 2.0 The Everything App” will have features like encrypted direct messages (DMs), long-form tweets and payments.

During a podcast, he had said that the US needs a super app.

“It’s either convert Twitter to that, or start something new. It does need to happen somehow,” he said.

“If you’re in China, you kind of live on WeChat. It does everything. It’s sort of like Twitter, plus PayPal, plus a whole bunch of things all rolled into one, with a great interface. It’s really an excellent app, and we don’t have anything like that outside of China,” Musk told the listeners during the podcast last year.

In 1999, Musk co-founded an online bank called X.com, which was later merged to form PayPal.

(IANS)

Tags: CryptoElon MuskpaymentsTwitter
Previous Post

OCS Exam: OPSC To Utilise Services Of College/Varsity Faculties For Evaluation

Next Post

Radhika Madan-Starrer ‘Sanaa’ To Be Premiered At Santa Barbara International Film Fest

Related Posts

Hackers
Science & Tech

Hackers Targeted Microsoft, Google, Apple Via Zero-Day Exploitation In 2022: Report

March 21, 2023
Science & Tech

India 2nd Most Targeted By Ransomware In Asia Pacific, Japan Region In 2022: Report

March 21, 2023
Joy In Missing
Science & Tech

People Who Find ‘Joy In Missing Out’ Are High On Anxiety: Study

March 21, 2023
Reliance Jio
Science & Tech

Reliance Jio’s True 5G Now Available In Over 406 Cities

March 21, 2023
Science & Tech

Netflix To Bring 40 More Games This Year

March 21, 2023
Science & Tech

Two Of Uranus’ Moons May Have Active Oceans: NASA Study

March 21, 2023
OMC

Related Posts

Hackers
Science & Tech

Hackers Targeted Microsoft, Google, Apple Via Zero-Day Exploitation In 2022: Report

March 21, 2023
Science & Tech

India 2nd Most Targeted By Ransomware In Asia Pacific, Japan Region In 2022: Report

March 21, 2023
Joy In Missing
Science & Tech

People Who Find ‘Joy In Missing Out’ Are High On Anxiety: Study

March 21, 2023
Reliance Jio
Science & Tech

Reliance Jio’s True 5G Now Available In Over 406 Cities

March 21, 2023
Science & Tech

Netflix To Bring 40 More Games This Year

March 21, 2023
Science & Tech

Two Of Uranus’ Moons May Have Active Oceans: NASA Study

March 21, 2023
Next Post

Radhika Madan-Starrer 'Sanaa' To Be Premiered At Santa Barbara International Film Fest

We Have To Build 'Aatmanirbhar' India By 2047: Prez Murmu in Her Address To Parliament

Odisha CM Approves 50 New Fire Service Personnel Posts

  • About Us
  • Feedback
  • RSS Feed
  • Privacy Policy
  • Disclaimer
  • Sitemap

© 2022 - Ommcom News. All Rights Reserved.

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2022 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist