A team of entrepreneurs from the Bitcoin world has announced the launch of Noones, a new financial communication application designed to promote economic freedom in the Global South. The app combines a peer-to-peer messaging system with a Bitcoin wallet that operates at cost, and a peer-to-peer marketplace. Currently available in private BETA, it is expected to incorporate instant exchanges and Lightning support in the coming weeks.

The founding team of Noones is convinced that "peer-to-peer commerce is the only truly free market in the world." According to the press release, the application will focus on the messaging system, where most peer-to-peer transactions occur across the industry. The peer-to-peer marketplace will allow users to buy, sell, and exchange Bitcoin, Tether ( USDT ), and USD Coin ( USDC ).

The app is described as "pro-human, pro-commerce, and pro-Bitcoin," with the mission to unlock the true potential of the Global South and "end economic apartheid" using Bitcoin. Yusuf Nessary, a member of the founding team and Head of Business Research and Development, stated: "Our goal is to solve financial discrimination. Billions of people in the Global South face international monetary controls that exclude them from the global stage. Bitcoin offers an inclusive solution that can strengthen economies and give people a chance to fight back."

Noones’ messaging system will feature a secure trading option that includes a custody system and a local moderator to resolve disputes, providing an additional security benefit compared to pure communication platforms. The app aims to monetize chat in a way that adds value.

Inspired by the adoption of Bitcoin already underway in the Global South, the founding team hopes Noones will help connect the region through communications, payments, and a store of value. "Monetary control has come to an end," Nessary declared. "It’s time to drive a new financial standard, one where people can easily access the global financial system and money flows freely around the world through peer-to-peer commerce."

The Noones announcement comes at a time when Bitcoin is gaining traction worldwide as an alternative to traditional financial systems. Due to regulatory restrictions, Noones is not available to users in the United States or other countries on its exclusion list.