Biggest Share In BCH-Application Handcash Owned By Nchain

The firm Nchain Group announced this week that they had “closed a deal” that gives them a large portion in the Handcash platform.

They said the deal was made easy through the company’s investment arm Nchain Reaction. A report was also issued by News.Bitcoin.com last February on Handcash when the team launched its bitcoin cash beta client for Android phones. The Handcash app gives users the opportunity to make transactions with BCH using NFC technology. This platform was created by two Spanish developers: Pascual Agut and Rafael Jiménez Seibane.

In the course of the announcement, Alejandro Agut explained that “Bitcoin was conceived to be peer-to-peer electronic cash — So we wondered why Bitcoin was not being used like cash.”

“That gave us the idea to create a wallet application that allows you to send Bitcoin in a way that resembles handing someone cash, by merely placing a sender’s mobile device close to the recipient’s device.”

The Handcash development team announced earlier this month that they were allowed to use the Nchain software development kit (SDK) Nakasendo, before its official release. The news outlet, News.Bitcoin.com spoke with Agut about the expectations of the BCH community from Handcash.

Agut said, “It certainly opens up new collaborations with other apps and services from the Nchain family right away, so we can put our protocols there and vice versa.” “We are already working with a “Magic Protocol” that will be able to connect your Handcash wallet to third-party services — It uses the Nakasendo SDK — Also, we are going to be first in line to test upcoming SDKs for a few new features we want to adopt in the future.”

“It has been very easy to work with them. And in the end, it’s all about human connections — and they do a great job of managing with all dev teams and projects.”