Electroneum (ETN)

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Electroneum (ETN) is a blockchain-based payments solution that is concentrating on the mobile payments space. Launched in 2017 by Richard Ells, Electroneum targets an often mentioned demographic in the context of cryptocurrencies: the unbanked. The Electreneum team says that they are on a mission to “unlock the global digital economy for millions of people in the developing world.”

Electroneum implements Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) processes, and puts an emphasis on compliance. The blockchain is a soft fork of the Monero blockchain, and had early roots in online gaming and gambling use cases, though it is now strictly focusing on digital payments.

Electroneum also launched an $80 smartphone earlier this year, one that rewards users in cryptocurrency. Furthermore, the Electroneum team has released a mobile mining app that lets smartphone users mine ETN tokens. 

2019 has already seen several milestones complete, including the launch of an iOS app, cloud mining for both Android and iOS, successful atomic swaps and a fork to a Proof-of-Responsibility blockchain. The rest of 2019 and 2020 is expected to bring full instant payments, a gig economy website and a vendor directory. 


Enablement Currency: Electroneum (ETN).

26 Nov 2021 4 minute read 6 comments Swapzone

In this article, we’re introducing the advanced cryptocurrency “Electroneum” that operates seamlessly on mobile devices. Electroneum was built to ease and secure transactions on smartphones. In addition to that, users are able to mine ETN coins into...

I Just Want to Make You Sweat OR Achievement Unlocked: Voice of the Sky (Walk the Ten Thousand Steps to High Hrothgar and Read all the Inscriptions)

12 Nov 2021 2 minute read 0 comments Great White Snark

A few days ago, while performing a search for Kalium and Electroneum wallets (either in Google Play Store or F-Droid; I forget which), I came across the Sweatcoin app. (It's also available for iPhones and Apple Watches.) The premise of it is simple:...

Electroneum's KYC is a textbook example why you should either stick to decentralized Crypto or just open a bank account

8 Oct 2021 2 minute read 2 comments Kovichni

Yes I said the b word which caused us all so much pain, insult and degradation, banks. For those not familiar with ETN, it's a "mobile focused" Crytpo which was actually quite a hype a few years ago, but quickly fell from grace when people started se...

ETN (GLOBAL FINANCIAL ACCESS WITHOUT BANK ACCOUNTS)

22 Sep 2021 1 minute read 0 comments jorgebezares

Instant payments and mobile App highly developed and already in use, its purpose is to achieve global financial services, provide those without bank account access  but to the internet, and mass adoption with its own blockchain. Financial services wi...

ETN-Network's Richard Ells highlights the importance of regulation protecting consumers and incentivising innovation

14 Jun 2021 5 minute read 0 comments Olivieres45

The ETN-Network Team reminds readers of their June NFT giveaway and reports on progress and registered user growth On 9 June 2021, ETN-Network CEO and Founder Richard Ells participated in a Blockchain for Europe Summit 2021 panel debate on "Social Im...

ETN Everywhere - Shaping the Future of Online Marketplaces through Blockchain and Crypto

8 Jun 2021 2 minute read 2 comments Edward Moon

Financial markets and e-commerce have evolved a great deal following the rise of cryptocurrencies and digital ecosystems. Today, there exists multiple digital marketplaces that connect merchants and prospective customers from all over the world. One...

Silently, but surely, Electroneum’s Blockchain Team works on new projects

16 Apr 2021 3 minute read 0 comments Olivieres45

Silently, but surely, Electroneum’s Blockchain Team works on new projects Electroneum Head of Blockchain Chris Harrison has been away from the spotlight for a few months now, but he and his team have focused on projects. That means there will be gre...

Update on Electroneum!

13 Apr 2021 1 minute read 1 comment theatdhe

I pretty much seem like a lunatic since all I've been talking lately was Zilliqa, Electroneum, KCS. Well, the key to make gains is focus on fewer things and study them. Well, it's unreal to say that you can Perfect something. Mistakes are inevitable,...

Long time no see! I'm still holding Electroneum!

23 Mar 2021 1 minute read 1 comment theatdhe

  It has exactly 23 days since my last post!Crazy, amazing stuff happening around here...not that I'll go through of them because I tend to keep my articles strictly about trading and financial stuff. My last post was about Electroneum and where do I...

Electroneum is looking for NFT artists - Will you respond the call?

13 Mar 2021 3 minute read 5 comments MaGiWrit

Detail of an artwork By https://twitter.com/ZAMI7R Electroneum is trying to ride the crypto-art phenomenon. Not another NFT gallery, minting or selling site, just a freelancing opportunity...   The Non Fungible Tokens are exploding, with new galle...