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The BSV DevCon at the London Blockchain Conference offered developers insights into useful tools they can leverage to build on the BSV blockchain. One of these fundamental tools is HandCash, and in an interview with CoinGeek Backstage, Co-Founder Rafa Jimenez discussed how it’s helping develop Bitcoin applications.
While it started out as a Bitcoin wallet, HandCash has evolved to focus on gaming. Jimenez told CoinGeek’s Jon Southurst that this evolution was informed by the users.
“After a few iterations and working with different clients, we understood that the most effective industry was gaming,” stated Jimenez, who serves as the company’s Chief Technology Officer.
In the past few years, the platform has onboarded over 100,000 new users, he revealed. This has been down to word-of-mouth recommendations from its happy clients, aggressive growth by apps built on its platform, and the efforts of the entire BSV ecosystem, led by the BSV Association.
HandCash enables users to build on BSV blockchain, a network whose unbounded scaling presents new opportunities for users, especially in gaming, which has played a big part in the company’s appeal.
“We offer them a few advantages, especially when it comes to small payments that are instant and have very low fees. The gaming industry is where we could help [our clients] the most,” he said.
Over the years, HandCash has evolved to become a wallet-as-a-service company. According to Jimenez, this means that it offers a variety of functionalities, from payments to NFTs, all included on a single platform and offered as one service.
“We create all the infrastructure and all the tools that you need to handle that, but it’s in the cloud, and then we offer it to you as a service where it’s more convenient for you. Developers don’t have to build all the infrastructure; they only care about the service that they provide.”
Using HandCash allows developers to start building their game, payment service, or other applications immediately on the BSV network. Building the entire infrastructure from scratch would take massive amounts of time and resources.
It would also present legal challenges, such as whether one intends to be a custodian of user funds or allow them to maintain full control of their assets; each has its challenges and risks.
Beyond the simplification, HandCash offers a vibrant ecosystem where users can hop from one app to another while maintaining control and ownership of their in-game assets.
“We use the BSV blockchain, which offers interoperability and secure sharing of data…on the HandCash ecosystem, you can leverage all these existing games and create partnerships,” Jimenez said.
Watch: Revolutionizing everyday life with blockchain
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