Electroneum To Launch An In-App Electricity Top-Up Across Africa
Electroneum To Launch An In-App Electricity Top-Up Across Africa
May 29, 2020
Electroneum To Launch An In-App Electricity Top-Up Across Africa
Electroneum To Launch An In-App Electricity Top-Up Across Africa
May 29, 2020

The blockchain-based digital payment project, Electroneum, will be launching an in-app electricity top-up feature across four African countries.

The fourt African countries includes:

  • Nigeria
  • Senegal
  • Mali
  • The Gambia

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

ETN mobile app previously added support for airtime and data top-ups across 140 countries worldwide.

While Electroneum is trying to expand its territory with its various projects and in-app features, many of its users don’t find the growth as exciting, due to the depreciating price of ETN tokens.

One such user took to Reddit, calling the growth of the ETN app rather underwhelming in regards to the wide expansion of the company across so many countries:

ALSO READ :  FunFair Tech to Issue Isle of Man’s First Token-Based Supplier License

However, the company said that its 30 month long “Phase One” has been successful in terms of bringing and retaining new users on the app.

Cointelligence reports that there are approximately 1 million active ETN app users. With more than 2.4 million downloads of the ETN app, the company seems to be working on the ground level to reach more people in developing countries.

Cointelligence report mentions that their collaboration with NGOs in these countries is a potential way of ensuring wider use of cryptocurrencies.

Electroneum added:

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.

Source: Cointelegraph | Image: Unsplash


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.