With Naccoin, there is no need to worry about bitcoin addresses or wallet backups. You can simply send bitcoins to contacts using their mobile number and using Naccoin bitcoin wallet.
Naccoin Technology Private Limited trading as "Naccoin" in India is a wholly owned subsidiary of National Australia Company Pty. Ltd. Since 2016, our research and development team at National Australia Company Pty Ltd (Australia) has worked really hard designing and building a platform (Naccoin) that offers seamless trading experience for our customers in India.
WHAT IS A BITCOIN?
Bitcoin is a crypto currency, founded in 2009 by Satoshi Nakamoto. Bitcoin’s are a form of money existing only digitally, in computer software. Money is actually a concept of exchange and not the paper in your wallet or the gold coin in the treasures. This concept is adopted by Bitcoin. So, it is basically a digital form of currency which is a decentralized system. Implying that like for any transactions that we make with our existing currency requires bank as an intermediary, Bitcoin does not require one, perhaps. With Bitcoin, the transactions carry out end to end without any “powerful entities” like banks sitting in the middle and charging every single transaction carried out. Bitcoin is first decentralized peer-to-peer payment network.