BurstIQ, Inc., a HIPAA-compliant healthcare blockchain data record integration and security company has entered into a strategic partnership with Unified Signal to launch the world’s first mainstream blockchain-enabled crypto-wallet bundled with mobile phone service.
The crypto-wallet will initially be deployed to United Signal’s mobile networks as an automatic update to customers’ e-wallets, adding instant access to their crypto-currency; Bitcoin, Ethereum and others for use within the united states and oversees. The new super secured crypto-wallets enable mobile phones at the point-of-sale at retailers to make everyday purchases anywhere that accepts current mobile e-wallet payments on Android and iPhone devices.
BurstIQ’s blockchain-based B2B “Platform-as-a-Service” (PaaS) currently supports hospitals, care providers, insurance companies, biotech companies, digital health companies, value-added service providers and government agencies. This partnership will expand the company’s reach into the mobile service, handheld device and consumer markets.
Users of the new crypto-wallet will be able to pay for everyday items using Bitcoin, Ethereum, and BurstIQ’s own digital currency, to be announced in coming weeks, through a blockchain-secured mobile wallet on their phone. The beta release of the new crypto-wallet is scheduled to go live in on both android and iOS devises early 2018.
The Initial release will be pushed through Unified Signal’s network of wireless MVNOs (mobile virtual network operators), which provides services through the largest carrier networks in the country. All MVNO’s will have immediate use of the technology through an automatic update or via manual or customized installation.
“Our partnership enables cryptocurrencies to become universally acceptable at the point of sale. This has never been possible before,” says Frank Ricotta, CEO of BurstIQ in a statement. “Teaming with Unified Signal is an important step in deploying the B2C side of our platform. Our technology is designed with the total security of the consumer in mind. When combined with the world’s most innovative mobile wallet enablement platform, we significantly enhance the security of mobile payments. The best part, it works just like existing mobile wallets and debit cards, so everyone already knows how to use it.”