Instant Cryptocurrency Payments
Electroneum has a global patent pending on a technology that allows instant cryptocurrency payments. Instant payments will initially be in ETN but their patent also covers Bitcoin.
Link to the video:
The ability to SPEND ETN instantly is only half the equation. they have an API that allows easy integration to ACCEPT ETN instantly. This means it is simple to allow an ecommerce system to give instant check out, and even allows easy integration into ePOS systems (electronic point of sales systems or tills).
The instant payment system and vendor API are nearly ready for trial in the real world.
They are opening their vendor application on the 1st July to find a number of vendors that are technically able to perform an API integration into their system and start accepting instant ETN in a live environment.
