World’s largest online marketplace, the Amazon, is now available in the ETN App, providing infinite ways to spend Electroneum (ETN) cryptocurrency, reports ITREALMS.
Amazon, ITREALMS gathered, has seen dramatic growth since the advent of Coronavirus in 2019 with over a 30 per cent rise in net revenue the following year, surpassing $386 billion US Dollars.
ITREALMS also gathered that today, Amazon is the largest online marketplace and fifth most visited multi-platform web property in the world, sitting just behind Google, Microsoft, Verizon, and Facebook. And yet, much of the world still cannot use it.
This, industry watchers said, was due to one simple fact that some 1.7 billion people worldwide do not have access to a bank account.
These people, therefore, rely upon cash, meaning they’re either unable to buy and sell online - or it is difficult or costly to do so. This is why today’s announcement is so incredibly exciting: that Electroneum (ETN), the cryptocurrency focused on financial inclusion, can now be used inside the ETN App to make purchases on Amazon.
ITREALMS recalls that Amazon was launched almost 30 years ago, and has survived the dot-com bubble of the 1990s, starting as a humble online book store.
Since then, it has evolved and grown to become the world’s largest retailer, surpassing Walmart by 2019. One key to its success is its merchant platform, which allows individuals and businesses alike to sell products via the Amazon marketplace, and even use the services of Amazon’s fulfillment warehouses to streamline their business activities.
The sheer scale of Amazon’s marketplace means anyone can grow a business with minimal investment. Large firms are even acquiring Amazon sellers who are performing well, making it a tremendous opportunity for entrepreneurs globally. And yet, millions of entrepreneurs around the world cannot buy on Amazon, let alone sell.
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The VanEck Vectors Bitcoin ETN is a fully-collateralized exchange-traded note that invests in bitcoin. Its worth is 1 ETN = 0.01086 USD.ETN can be purchased from a number of crypto exchanges. Each exchange will offer different methods of paying for ETN.ETN can now be used inside the ETN Mobile App to make purchases on Amazon. If you are looking to write my law essay uk, then please contact us on WhatsApp E-mail, also our website.
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