Electroneum: BIG deal signed - 130 million user reach - lots more news on the way

in #bitcoin7 years ago (edited)

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Image Source: https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html

News Update!
This one seems to have slipped under the radar – nothing from electroneum’s twitter/facebook and nothing on reddit.

According to the timeline on electroneum’s website (https://electroneum.com/#listings) on the 23rd Feb 2018 a deal was signed with Unified Signal (http://www.unifiedsignal.com/), expanding user each by 130 million!

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Who are they?

Taken from their website:

We are the fastest growing eCommerce and MVNO solutions provider in the wireless industry with premier Voice, Data, SMS and Mobile Broadband services.
• Full Turnkey Billing Solutions
• Carrier Access
• Low Cost to Market
• 30 days to Launch
• 15 Years of Experience
• Turn Key Solution
• Network efficiency
• Prepaid / Postpaid Support
• 99.999% Uptime SLAs
• API Integration Available
• Equipment Procurement
• Automatic Scalability
• Mobile Wallet
• Custom Development
"We wanted to create an enablement suite that allows our clients to resale any type of telecom service including mobile commerce. Our mission statement is to obtain better economies of scale, greater functionality, and increased profitability for our valued clients."
CEO, Paris Holt

Why is this good?

Well electroneum wants mass adoption for two reasons:

  1. Their platform is used for their initial aim – helping less developed countries pay for phone bills from their phone (some people have to walk 5+ miles to top-up)

  2. Their second aim – entrepreneurism. Expanding their platform so it can be used to purchase anything anyone wants and sells, from a bag of rice in a shop to a computer online.
    Simply put 20-30 million people regularly use Bitcoin – with deals like this the user number will grow past that of bitcoin (this is not about price, just user number) if their technology succeeds.

News coming soon:

  • Android mobile miner release Monday 5th March
  • Patent application (Dentons law firm)
  • More deals
  • iOS beta mining app (pending app store approval)

Follow for more electroneum news

As always my posts are from the research I have done and not financial advice – Dive down the rabbit hole and research it! It’s interesting!

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Image source: http://www.newmediawire.com/news/unified-signal-inc-2016-letter-to-shareholders-4406970

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