ENVY ROMANIA'S GAS AND ELECTRICITY BILLING WITH CRYPTO

Bucharest, Romania: The energy supply company named Eva Energy started accepting gas and electricity bill payments in multiple cryptocurrencies. The payment solution is provided by C.O.S.S. PTE LTD from Singapore.

Eva Energy, an outstanding player in the energy sector of Romania renowned for its progressive thinking and passion for innovation is pioneering in cryptocurrency adoption within the industry.

The company has pursued the path of innovation right upon its conception. Founded by Cristian Hagmann, Austrian by origin, expert in voltage networks, IT energy services, network automation research, ​and energy market analysis with over 20 years of active involvement in business within the respective field, Eva Energy established in 2012 was destined to be a pathfinder in subscription-based energy supply in Romania.

"In 2010, I was invited to a conference in Romania to speak about smart networks. Back then we were catering IT energy services and network automation research. We conducted the energy market analysis in Romania and discovered that the demand for smart metering was strong, that's how Eva Energy was founded. To enhance its development, we applied an innovative approach to portfolio structuring, and were the first ones who tried it in Romania," - shared Christian Hagmann, CEO of Eva Energy.

In 2015 Eva Energy started re-thinking its payment media, and partnered with PayPoint to enable payments for its bills via terminals in convenience stores across Romania, and thus has reduced fees. Lately, the company launched the so-called 'energy cards' introducing its 70+K customers to payment flexibility.

Within 2019 the company aims to cater gas and electricity to 300K customers, providing them with the option to pay their monthly bills in any crypto currency offered through the COSS payment gateway. According to its 5-year business plan Eva Energy estimates to generate EUR 55.5M as a result of geographical expansion and growth establishing distributor networks and direct operation in selective markets, and to derive EUR 5M from issuing new products. The company also targets Human Resource investment and investment in assets to support its plans for growth and capitalization. For this purpose, the company will soon issue BITWATT, an energy trading platform​, ​and a token.

Eva Energy is currently enabling cryptocurrency billing with not only bitcoin, but an entire array of crypto. The provider of such an advanced solution is a Singapore-based company C.O.S.S. PTE LTD (aka COSS) that has developed a payment gateway / POS for its customers accepting cryptocurrency payments for their services and products to boost the adoption rate. COSS is currently supporting a wide range of cryptocurrencies on its exchange including BTC, ETH, LTC, DASH, XEM, LSK, PAY, BNT, SNM, VRS, ARK, TaaS, CVC (at time of writing). New coins are added to coss.io as often as weekly. DDF and some others are getting listed in the coming weeks. Cristian Hagmann has joined the COSS advisory board as Corporate Strategy Advisor prior to the presale of the COSS tokens, officially available for purchasing since August 8, 2017 during the Token Swap (ICO). The two companies signed an MOU to seal their strategic partnership and to contribute to each other's expansive development plans.