Presently, there are more than 1500 cryptocurrencies into the market. While Bitcoin is the biggest cryptocurrency, it is not the one only that has caught the attention. Over the year, Electroneum has also created a lot of buzz in the market. It was introduced in September 2017 and considered among the top 100 cryptocurrencies. In recent times, Electroneum has increased its collaboration with NGOs to provide financial assistance to families and children and improve living conditions across the globe.

Mexico is Prepared for the Digital Transformation, States Richards Ells, CEO of Electroneum

In a recent interview with EL Universal, Ells states that Electroneum would partner with Cobro Digital (CoDi), Mexico’s digital payment and collection platform. The company has identified potentials it has extended to the blockchain technology and digital money. Ells consider Mexico to be a huge market for Electroneum as well as the entire cryptocurrency industry since the decision-makers have enacted regulations associated with cryptocurrency in the region

While Electroneum has seen better numbers, the potentials of this cryptocurrency continue to be highly relevant to the investors. With companies increasingly understanding the potentials of ETN and investments growing at a positive rate, the future of this digital coin seems to be bright.

The Powerful Partnership between Ubuntu and Electroneum

In recent news, Electroneum has announced that they have entered in a futuristic deal with Ubuntu Pathways. Ubuntu Pathways is one of the popular NGOs that work with many people across South Africa, Port Elizabeth, etc. is among the latest trusted miners of Electroneum. Presently, the company holds a verified track record of providing more than 80% of the collected fund to families and children in need. In fact, Electroneum is the first cryptocurrency to have NGOs as trusted miners. Ubuntu Pathways has been helping children to have an equal opportunity at building a career and ensure their family has a safe future. 80% of the collected ETN will be used to help people, and 20% will be directed towards bearing overhead expenses, including doctors, nurses, and teachers fees.

The Collaboration of Electroneum and NGO Executive David CBE

David Bull, the former CEO of UNICEF has announced that he will be partnering with Electroneum. The vision behind with collaboration is to deliver sustainable development that helps in improving the living standard of people by 2030. Bull is quite optimistic that his years of experience will help in reinforcing Electroneum’s humanitarian mission. Additionally, he said that he is impressed by the company’s initiative that aims to connect disadvantaged people to the internet and allow them to be a part of the global job market. The company has positioned its digital currency as an accessible AML/KYC compliant virtual currency in order to promote better access to financial services to around 1.7 Billion people who lack basic bank accounts.

Electroneum Catching Investor’s Attention with Price Analysis

There was an unexpected rise in the Electroneum price a couple of weeks ag and it appeared the investors are in a good position. However, within 24 hours the Electroneum price fell unexpectedly at 1.60%. Presently, the price fluctuations seem to be quite high and there is a bearish movement. As of December 2019, the Electroneum has a market cap of 36,235,792 USD, and the coin ranked at 91st position in the Coin Market Cap. The experts predict that the future of this digital coin is bright and it is going to attract more investment in the coming years.

Must Read: 5 Best Electroneum Wallets To Store Your ETN Coins Safely

While Electroneum has seen better numbers, the potentials of this cryptocurrency continue to be highly relevant to the investors. With companies increasingly understanding the potentials of ETN and investments growing at a positive rate, the future of this digital coin seems to be bright.