iTransfer.com expired at GoDaddy auctions and closed at $47,500, the same day CoinSpeaker.com published an article on a new technology that allows cryptocurrencies to be sent by email, SMS, WhatsApp, Facebook messenger, and other social media platforms. Because of this, the transactions are not dependent on blockchain technology for validation and completion. This dramatically speeds up transaction time and makes them simpler to complete.
The new technology is called iTransfer. You apparently have to download the AABB wallet.
From the article:
Anyone who wants to use iTransfer to send cryptos back and forth without using the blockchain must download the AABB Wallet as it the only crypto wallet that makes these kinds of transactions possible.
I have no affiliation with Asia Broadband nor do I own any stock in the company. Just thought it was interesting the .com expired the day this news came out.
The previous owner was based out of Colorado
According to Crunchbase
i-transfer With its headquarters in Denver, Colorado, USA, i-transfer is a global player in the consumer-to-consumer money transfer market, currently offering cost-effective, safe, and reliable service to more than 70 countries.
Anyone with a strong expertise in crypto please weigh in if this way of moving crypto makes sense.
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