Abra is a Bitcoin remittance application a lot of people seem to have high hopes for. Ever since the company raised money to bring their project to the masses, things had gone quiet. But it appears the Abra app has now launched for both iPhone and Android, albeit it is still limited to the US and the Philippines only.
Remittance solutions are always in high demand, especially when the Filipino community is involved. A lot of Filipinos work overseas and send money back home whenever they can. Abra lets users do that by using Bitcoin, even though accounts can be funded with a regular bank transfer.
Abra Arrives In The United States
This digital wallet lets users store cash in digital format on their smartphone. Once the money arrives in the wallet, it can be sent to anyone else using the application. For now, this means sending money to either the US or the Philippines, as those are the only two regions where this app is available. It is good to see the Abra team release their app for both iPhone and Android at the same time, though.
Similar to how most mobile remittance solutions work, users