The blockchain-based digital payment project, Electroneum, will be launching an in-app electricity top-up feature across four African countries — Nigeria, Senegal, Mali and The Gambia.
The electricity payment platform will allow Electroneum app users to recharge their electricity meters directly from the app installed on their mobile phone by paying in Electroneum tokens.
According to data obtained from Coinmarketcap, Electroneum ranks 64th as the most valuable cryptocurrency in the world, with a market capitalization of about $95 million dollars, trading up by 5%, with price at $0.0093 at the time this report was drafted.
Currently, there are roughly 1 million active ETN app users.
With over 2.4 million downloads of the ETN app, the company is perceived to be proactive in getting in touch with a lot of people in developing countries.
Their partnership with NGOs in these nations is a capable method of guaranteeing broader use of cryptos.
Furthermore, an Electroneum representative said:
“By working with NGOs on the ground in developing nations, we are achieving true adoption of a cryptocurrency. We are enabling people and allowing them to join the global digital economy for the very first time.”
How can I buy Electroneum? Electroneum can be bought from several cryptocurrency exchanges like Liquid, and Huobi. Each cryptocurrency exchange offers diverse ways of paying for Electroneum so be sure to check what payment options are offered to you.
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