Ernit launches Piggy Bank that lets kids save in bitcoin

Announcements | October 19, 2015 By:

Ernit launched a Kickstarter campaign for a digital piggy bank and app that enable children to save in bitcoin.

The Ernit app is connected to an interactive physical piggy bank that uses light to show children how close they are to reaching their saving goals.

“We believe bitcoin and the concept of decentralised currencies is an important part of the future, when it comes to money and means of exchange. Bitcoin was an obvious choice when we decided what should be available for our users,” said Ernit founder and partner Thomas Bjerring.

To start using the system, the adult is first required to set up an Ernit app account. Users are then able to link up an Ernit wallet, a bitcoin wallet or a bank account.

The parent is then able to add their children – and any other family members willing to contribute funds – to the family’s account.

Once funds are sent to the child’s Ernit account, he or she will receive an alert on the piggy bank, which will prompt the child to claim the funds by pressing its snout.

Ernit is a digital piggy bank designed to help you teach your children how to manage and save money in a world of digital currencies.