What is Electroneum?

Launched in October 2017, ElectroneumElectroneum Ltd. Registered in England and Wales: No. 10845797
Official website: electroneum.com
is an exciting new cryptocurrency that has been designed to deliver super-convenient and instant P2P payments as well as to provide a real alternative to other existing and often prohibitively-technical cryptocurrencies.

Electroneum makes it easy for everyone to accumulate, spend and exchange its cryptocurrency—”ETN”—by simply downloading a mobile app, available in 20 languages, on Android and iOS(Beta) phones. The convenience and ease of use the app is central to Electroneum’s drive for mass adoption: As per their roadmap and strategy, Electroneum is specifically targeting the unbanked in the developing world—a market estimated by Price Waterhouse Coopers to be worth around $3 trillion.

Global Patent 

Electroneum has a global patent pending on technology allowing instant cryptocurrency payments—already available when using ETN. Significantly, however, the filed patent application covers Bitcoin and other cryptocurrencies, too. 

Instant Payments

Launched in September 2018, Electroneum’s Instant Payment System provides instant confirmations about transactions initiated to both senders and receivers. Generally speaking cryptocurrency transactions tend to be rather slow in comparison to traditional methods (e.g. Visa payments): it can take up to an hour or more for cryptocurrency transactions to become verified and committed to their blockchain. In contrast, by acting as a trusted third party between buyer and seller, Electroneum’s system is able to confirm transactions virtually instantaneously.

API Integration

Recognising that the ability to spend ETN instantly is only half of the equation, Electroneum has developed an API that allows easy integration to accept ETN instantly through all major ecommerce systems (WooCommerce, Magento, OpenCart, Joomla, etc.) as well as through ePOS systems (electronic point of sales systems or tills).

Regulatory Compliance: KYC

Electroneum is the first cryptocurrency to embrace what’s known as KYC. Aimed at increasing security and transparency while protecting against fraud and other such crimes, Know Your Customer (or Know Your Client) is a procedure in which businesses verify the identities of their users. Electroneum’s adoption of KYC ensures EU regulatory compliance, benefits both businesses and users by making cryptocurrency transactions safer and more secure and has also been a requirement by commercial partners in moving forward with integrating ETN. 

Partners

Electroneum has signed agreements in place with global mobile network operators providing access to over 100 million users around the world. These operators will advertise the Electroneum app to their customers and will also accept ETN as payment for airtime and data, as well as offering bonus minutes for purchases with ETN.

Electroneum — The Company

Electroneum Ltd. (“Electroneum”) is a company registered in England and Wales with number is 10845797. Electroneum’s registered office is at Lyndean House, 30-34 Albion Place, Maidstone, Kent ME14 5DZ, England.

The current company Directors are:

Richard Ells

Richard has a history of building successful digital businesses. He co-founded the successful digital agency SiteWizard, now over 20 years old. More recently, he founded Retortal.com in 2013. As the CEO, Richard’s assembled a team of over 40 developers and created a social media management platform, used by global fortune 500 companies such as Herbalife, Mary Kay & Forever Living. Retortal’s software is used by hundreds of thousands of people around the world.

Chris Gorman OBE

Chris has a long history of launching, growing and leading successful ventures spanning a wide range of industries including mobile, music, ecommerce, technology and retail. He has received many business awards including Ernst & Young UK E-Business Entrepreneur of the Year, Scottish Entrepreneur of the Year, Young Business Leader of the Year, Glenfiddich Spirit of Scotland in Business, and the laudable SBAAT Businessman of the Year Award.

General:
Official Site: https://electroneum.com
Online Wallet: https://my.electroneum.com
Team: https://electroneum.com/team
Help:
Support Ticket: https://support.electroneum.com
Social:
Twitter:  https://twitter.com/electroneum
Facebook: https://www.facebook.com/electroneum/
Instagram: https://www.instagram.com/electroneum_currency_official/
Telegram: https://t.me/joinchat/DxoSakHOdk5mqsE-LelfVg
Blog: https://electroneum.com/blog
Downloads:
Android App: https://play.google.com/store/apps/details?id=com.electroneum.mobile
Github: https://github.com/electroneum
Blockchain Raw: https://downloads.electroneum.com/blockchain.raw
Info:
T&C’s: https://electroneum.com/terms-and-conditions
CMC: https://coinmarketcap.com/currencies/electroneum
Exchanges: https://electroneum.com/exchanges
Coinmarketcap: https://coinmarketcap.com/currencies/electroneum/#markets
Explorer: https://blockexplorer.electroneum.com