HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Ex-UNICEF UK CEO to Join Crypto Firm to Push Electroneum (ETN) Adoption

Altcoins 2019/11/22 21:00 by Rick D.

David Bull CBE, has just announced that he will be working with the crypto asset startup Electroneum. The former UNICEF UK CEO says he is optimistic about the project and thinks that it will help to deliver on Sustainable Development Goals aimed at increasing the standard of living for the planet’s poorest by 2030.

Bull says that he will be using his considerable experience in the charity sector to help Electroneum deliver on its humanitarian mission to extend bank-like services to those currently lacking them. He adds that he was particularly impressed by the project’s initiatives aiming to get disadvantaged people around the world connected to the internet and able to earn in a rapidly changing global job market.

Crypto Asset Startup Electroneum Lands Major New Adviser in Former Amnesty and UNICEF Exec

According to a post on his personal blog WorldToRights, David Bull CBE will be working with the crypto asset company Electroneum to help it deliver on its mission. Electroneum has positioned its digital currency, ETN, as an accessible, KYC/AML compliant virtual currency aimed at promoting greater access to bank-like facilities to the 1.7 billion individuals globally that lack banking accounts.

In the blog post, Bull explains that current initiatives aimed at helping the globe’s poorest people to improve their lives and catch up to the developed world fit poorly with a rapidly digitising world. The answer, for him, is the Electroneum crypto asset, the company behind it, and its various initiatives to provide access to bank-like facilities, and education, whilst helping individuals find work in a global economy rapidly shifting towards freelance positions.

The former Amnesty and UNICEF UK executive says he is not only optimistic about the currency itself but is hopeful about the impact of projects like Electroneum’s low-cost smartphone, to get people connected with one another; its Task School, an e-learning portal training practical skills; and its Any Task platform, which allows people to put their skills to use earning the crypto asset ETN for completing tasks. He adds:

“Young people in particular would be able to make a living in their own community rather than feeling the need to migrate to the city for low paid and often exploitative low skilled work. They would spend their earnings in the community, driving development for other local businesses, and potentially lifting a whole community out of poverty and giving them back control of their lives and livelihoods.”

Bull writes that he is excited to be working with Electroneum and believes his connections within the world of charity and philanthropy will allow him to help the company forge valuable connections across the industry. He concludes his post by stating:

“This seems to me to be just the kind of innovation which can help ensure that, by 2030, no-one is left behind, unconnected and financially excluded, as the world changes around them.”

 

Related Reading: Where’s the Ultimate Bottom for this Bitcoin Plunge? $5,100, Analyst Says

Featured Image from Shutterstock.

The post Ex-UNICEF UK CEO to Join Crypto Firm to Push Electroneum (ETN) Adoption appeared first on NewsBTC.

0 Like(s)



You should also read...

Crypto 27/11/19 21:00 by Rick D.
Another eWallet Adds Further Crypto Support, But Are Efforts Like Skrill’s Missing the Point?
One of the most popular online e-wallet services has just overhauled its cryptocurrency offering. From today, customers of Skrill will be able to exchange the various crypto assets the platform suppor...
Read More
Crypto 29/11/19 21:00 by Rick D.
Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst
Cryptocurrency naysayers associated with global finance may not be as misinformed about the industry as some observers might like to think. One popular analyst says those he encounters have researched...
Read More
Bitcoin 09/12/19 20:00 by Tony Spilotro
Logarithmic Growth Curve Charts Bitcoin Price At $170K in 2028
Bitcoin price predictions are all over the map, with some expecting the price to reach zero, while others expect beyond a million dollars per BTC. One cryptocurrency analyst has charted the asset usin...
Read More
Altcoins 31/03/20 21:00 by Tony Spilotro
Ripple Poised to Triple By Q4 2020 After XRP Forms Classic Bottom
XRP, the cryptocurrency asset often referred to as Ripple, has been among the worst-performing crypto assets and altcoins of the last two years. However, according to one crypto analyst who has spotte...
Read More
Crypto 18/05/20 19:30 by Tony Spilotro
Mark Cuban’s $4,000 Trickle Up Stimulus Could Provide Boost For Crypto
Mark Cuban is a self-made billionaire, owner of the Dallas Mavericks, investor, and one of the mainstays on the popular TV show Shark Tank. Although Cuban hasn’t always been the biggest supporte...
Read More