Friday, September 8, 2017

Stats on secure elements in the market

Leading Indian bitcoin exchange Unocoin has partnered with Blockchain, the company behind popular bitcoin wallet,’s wallet service currently has almost 16.7 million users in 140 countries globally. According to the announcement, half of Blockchain’s customers in India have used bitcoin for remittances.

“This integration aims to eliminate that friction and make buying bitcoin more user-friendly and more accessible for customers across India.” 
Currently, the Unocoin integration is only available to web users. However, “we plan on expanding to our Android and iOS wallet users in the near future,” Blockchain noted.
That tells me we likely have  50 million active secure elements. That is potentially a few hundred million trading bots  if each secure element manages a set of four elements in a portfolio.

It is the new internet.

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