First blockchain company to sign with government entity
Surge Holdings, has announced that its wholly owned subsidiary, Surge Blockchain, has signed an agreement to partner with the Oklahoma Municipal League (OML) in facilitating utility payments for up to 1.7 million households across the state. The Surge Blockchain software platform licensing technology will assist residents of Oklahoma in making more convenient and timely payments while increasing revenue assurance for Utility companies.
Oklahoma has more than 1.7 million households within its more than 500 municipalities across the state. Due to the vast rural areas, many of those homes are not conveniently located near municipal offices to pay their utility bills. Most of these rural municipalities lack the ability to receive payments outside of regular office hours. Surge payment software will provide these utility customers a convenient method to pay their bills at local stores on the Surge network. In addition, it will allow municipal governments to foster economic growth in their communities by partnering with private sector businesses.