Cryptocurrencies, especially Bitcoin, are now gaining popularity.
However, with many cryptocurrency users still skeptical of the technology and its potential, the emergence of the cryptocurrency outbound callout service (OCS) is raising questions among some Bitcoiners.
As more people learn about the technology, the demand for the service is expected to increase.
However, as the number of calls outbound increases, so too will the number and frequency of cryptocurrency calls being made to cryptocurrency users.
According to a report from Bloomberg, cryptocurrency callout services will start being available on February 1, 2019, making this the first month for cryptocurrency callouts to be available on the internet.
This news comes amid the increasing demand for cryptocurrency outgoing services.
In addition to cryptocurrency exchanges, the market is also experiencing the rising demand for outbound communication services.
Currently, the outbound calls made by cryptocurrency users to cryptocurrency clients are being processed by third-party companies.
For instance, Bitcoin Cash, a fork of the Bitcoin blockchain, was recently announced, but the out-bound calls from Bitcoin users to Bitcoin Cash clients are not yet processed by any cryptocurrency exchange.
The availability of these third-parties for out-of-band cryptocurrency calls is also seen as a threat to Bitcoin and other cryptocurrencies.
However it should be noted that the out of band calls made to a cryptocurrency client are not processed by the exchange that issued the coins.