Apr 8, 2021 • 1 min read

First EU Institution To Accept eGold Payments: ULBS Registration Fees Payable In eGold

Daniel Serb
Daniel Serb
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Academic institutions are always looking to reduce their own costs so they are able to focus more resources on the students and keep tuition costs at affordable levels.

Elrond blockchain technology can simplify the payment processes, reducing administrative costs for both the institutions managing them and the students paying for them.

This is why we are excited to announce that ULBS - Universitatea “Lucian Blaga” Sibiu is the first EU academic institution to accept eGold payments!

“Beyond the obvious enhancements for payments efficiency, this collaboration is important because it exposes students to technology they can use to have a positive impact on society and future generations.” said Beniamin Mincu, Elrond CEO.

ULBS students can henceforth use Maiar to make eGold payments, which will be processed through our partner Netopia.