NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) subsidiary, has introduced the Audio Press (APR) titled “Growth of Blockchain Provides Financial Services for Underserved Markets” that features tech and investment firm SinglePoint, October 8.
The featured company reportedly released the first TV promotion for its bitcoin wallet application SingleCoin. It enables consumers to store cryptocurrency and make payments with it, giving them an easy way to use the digital currency. Straightforward and easy-to-use, the digital platform allows people to benefit from blockchain payments.
In order to make digital currency more accessible for regular consumers, SingleCoin is available on both iOS and Android devices and is followed by a detailed cryptocurrency guide on the company’s website.
The promotion featuring Shark Tank veteran Kevin Harrington first aired on Fox Business. The advertisement concentrates on how easily people can access cryptocurrency using the free SingleCoin app.
This move by SinglePoint is a factor in a wider shift in the way cryptocurrencies are used. The press release explains:
Initially, these digital funds could not be used for ordinary commercial purposes; rather, they were a novelty for tech geeks and speculators. The first time someone paid for a pizza with bitcoin, it made the news. Over time, their use increased, as did speculation by investors. Cryptocurrencies soared in value but were still limited to payments within the internet.
The number of cryptocurrency ATMs appearing on the streets of Japan, Europe, as well as the U.S. and the Middle East keeps growing. And as digital currencies become mainstream, the company claims that there’s a demand for applications like SingleCoin which let people purchase, store, and spend cryptocurrency through their phone.
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