ElectroneumNews

Electroneum Promotes Crypto Use Across Africa With In-App Electricity Top-Up Feature

0

On May 28, 2020, Electroneum, a British based blockchain firm, revealed that it would be launching an in-app electricity top-up feature across 4 African countries to support digital payment projects for electricity in Nigeria, Senegal, Mali, and Gambia.

The innovative in-app payment platform will enable users on Electroneum to conveniently recharge their electricity accounts directly from the app installed on their smartphone via payments in ETN tokens.

Electroneum is a digital payment network expressly designed for use on mobile devices. The ETN tokens from Electroneum is quickly mined from your smartphone.

The ETN token can be procured from several cryptocurrency exchanges such as Liquid and Huobi. Each exchange offers diverse methods to pay for the tokens, so be sure to check what payment options suit you.

Fostering Wider Adoption In Developing Nations 

The electricity top-up feature for Africa will allow ETN app users to top-up their electricity meters directly from the app through ETN tokens. 

This comes as Electroneum works tirelessly to expand its territory with its various projects and in-app features. In fact, ETN mobile app previously added support for airtime and data top-ups across 140 countries worldwide. 

Just a few days ago, Electroneum commissioned an in-depth analysis from crypto analytics firm Cointeligence. The analysis found that there are approximately 1 million active ETN app users. 

With more than 2.4M downloads of the ETN app, the blockchain-based digital payment company is certainly focusing on the ground level to stimulate the wider use of crypto in developing countries. 

A possible way to achieve this goal is by partnering with non-governmental organizations (NGOs) in those countries to achieve true adoption of crypto. This initiative aims to end financial exclusion by allowing unbanked individuals to join the global digital economy for the first time. 

Electroneum’s “AnyTask” P2P Project 

More importantly, the blockchain company says it is looking to ensure that the immense number of skilled, unbanked individuals around the globe have a chance to join the global freelance revolution.

With its highly successful side project dubbed AnyTask, a P2P project marketplace, Electroneum is specifically targeting more people from developing countries to be a part of the gig economy. 

According to stats received from Electroneum, there are currently more than 300,000 registered users on AnyTask with approximately 4,500 listed projects. The project is anticipated to break the barriers of geographical borders in the freelance industry while also helping freelancers earn more by charging lower fees. 

Wayne Jones
Wayne is a Blockchain enthusiast and expert in crypto trading. Currently, I cover trendy issues on digital currencies.

US Economist Backs Goldman Sachs’ view of Bitcoin not being an Asset

Previous article

Swiss financial watchdog approves local bank to deal with cryptocurrencies

Next article

Comments

Leave a reply

You may also like

More in Electroneum