Electroneum, first cryptocurrency to work directly with a mobile network operator; Cellcard to also sell the M1 smartphone

Electroneum, first cryptocurrency to work directly with a mobile network operator; Cellcard to also sell the M1 smartphone

Electroneum is the world's first cryptocurrency to become regulatory compliant. It is also the greenest and most secure in existence, and the only one working with NGOs as transaction validators. Now, it is the first in the world to team-up with an MNO, who has also put the M1 smartphone on display at shops across Cambodia.

Electroneum is breaking barriers and expanding quickly. It is now the first blockchain start-up in existence to land a deal for direct collaboration with a mobile network operator to enable airtime and data top-ups, while also obtaining a crucial foothold in the South East Asian region.

Cellcard, an international award-winning MNO, is the country’s longest-serving telecommunications company with more than 20 years of operation covering 80% of the territory and a customer base of more than 3.2 million subscribers.

The major MNO is recognised in the region as a market leader, bringing innovation in both technology and customer service. It is the recipient of many global awards. In December 2019, Global Brand Magazine named Cellcard the “Most Reliable Telecom Operator and Excellence in Telecom Industry.”

Also, last year, Cellcard received awards for “Best Telecommunications Company Cambodia” and “Best Digital Lifestyle Provider Cambodia.”

On their website, Cellcard states it “is proudly Khmer. Its current strapline framing all ongoing communications and campaigns is that Cellcard is for Everyone Everywhere. That reinforces the strategy of affordable access to mobile data for all in Cambodia. 

“Intrinsic to the Cellcard brand is the essence of Khmer identity, belonging and family which keeps the company’s values deep-rooted in tradition with a modern, progressive attitude to technology adoption and adaptation,” they add.
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Their mission is aligned with Electroneum’s, whose priority is to eradicate financial exclusion and give the massive global population that is unbanked the opportunity to access the global digital economy.

Electroneum has NGOs validating ETN transactions on its blockchain. The NGOs focus on delivering long-term assistance based on education for children and aid to their families as a path out of poverty.

For millions in Cambodia, the up to US$3 in ETN rewards they could receive by interacting with the Electroneum mobile app could be enough for a 21-day Cellcard prepaid plan that includes 143 minutes and 2GB of data.

MORE INFORMATION ON CAMBODIA

As part of the deal, Cellcard has placed the Electroneum M1 smartphone on display for sale across a number of their shops.

The agreement between the forward-thinking MNO and the positively disruptive UK-based start-up marks the start of a collaboration aimed at spurring adoption and bringing greater prosperity to the South East Asian country, the sixth fastest-growing economy in the world.

Cellcard is offering the Electroneum M1 smartphone for US$40 or free with a one-year mobile phone plan.
Cellcard is offering the Electroneum M1 smartphone for US$40 or free with a one-year mobile phone plan.

 

 

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ABOUT ETN (ELECTRONEUM LTD’S CRYPTOCURRENCY)

The ETN App is a mobile-phone-based crypto app powered by a revolutionary instant payment system that enables its more than 4 million registered users to send, receive, and transfer funds with instant transaction notifications and at a cost equivalent to a fraction of a U.S. cent. It is one of the only crypto apps that allows users to top up their airtime and data in 160+ countries and electricity top-ups in nine African nations. ETN users have completed millions of blockchain transactions, including over 300,000 app-to-app transfers and more than 200,000 airtime and data top-ups, making ETN one of the most widely used cryptos. ETN is one of the only cryptos that has made earning its token possible. The AnyTask Platform is a freelance platform matching Buyers and Sellers of digital Tasks, with hundreds of thousands of registered users and tens of thousands of Tasks across dozens of categories. The ETN-Network and the AnyTask™ Platform do not require Sellers to have a bank or PayPal account, empowering millions of people to instantly access the global digital economy