Electroneum (ETN) Partners with Photography Company, to Advance Crypto-photography Liaison

Michael Parsons Resigns — The Next Step for Cardano On November 13, 2018, the Cardano Foundation announced via a press release, the resignation of the Michael Parsons, Chairman of the Foundation Council of the Cardano Foundation. He acted in response to the petition signed by members of the cardano community in early October, calling for his resign. Parsons was replaced with immediate effect on an interim basis by another member of Council, Pascal Schmid. This leadership change in the Cardano Foundation was foreseen, as an internal rift was taking place in the organization for a while. The CEO of IOHK, Charles Hoskinson, has not hidden his dissatisfaction of the occurrence in the Cardano Foundation. Hoskinson has a lot of influence in the Cardano community, as he is one of the masterminds behind Ethereum and Cardano. He has noted previously the lack of vision, proper fund allocation, transparency, and financial accountability as major problems in Cardano. Michael Parsons, was said to have paralyzed the project because of his dictatorship in the Cardano community. This was perhaps the propelling force behind Parsons’ resignation as Chairman of the Cardano Foundation. The news of Parson's resignation is a victory for the Cardano community according to Hoskinson and he likened the event to the end of an era of captivity. What’s Next for the Cardano Foundation? Hoskinson says that the Cardano Foundation has to spend the next few months for clean-up, restructuring and rebuilding itself. With Parson's exit, he believes the Foundation can restore its credibility, trust, and faith with the community. He expects a more democratic foundation, more variety in the board, and suggests about 7 board members. He also advised that the Foundation should invest in its Swiss jurisdiction, cooperate with regulators while operating as a viable entity inside the ecosystem. He also mentioned that IOHK will keep working with the Cardano Foundation to move Cardano forward. Despite having internal squabbles, Cardano has witnessed tangible progress recently, which includes Trezor wallet stating their official support for the ADA cryptocurrency and Project Icarus passing the security audit. Q1 2019 is expected to bring developmental achievement for Cardano, as the project will progress without the restraints of the previous leadership and management. This change in Cardano proves democracy's power over authoritarian governance structure in the blockchain industry. It is important that democratic, transparent governance structures are established in the crypto industry, as those ideals of decentralization will differentiate it from the traditional fiat system.
The announcement of a new partnership, with which Electroneum took a viable step towards mass adoption, has left the crypto community wondering whether the mobile cryptocurrency is advancing the adoption of cryptocurrency into photography.

Taking Steps towards Mainstream Admittance

The crypto market has seen series of upheavals with some of these due to the shunning of cryptocurrencies in the global traditional and financial scenes. As such, adoption has been the constant goal of the crypto community.
Following an update of Electroneum’s partnership with premium photographic company, hopes of adoption into photography had begun to stir amongst the crypto community. Netherlands-based KenThompson announced its integration of Electroneum onto its platform recently.
As a vendor in the photographic industry, the company stated that it would be accepting Electroneum (ETN) as a payment option. This meant that user of the company’s platform had the option of paying with cryptocurrencies.
In light of this partnership, Electroneum wrote that:

“Photography and cryptocurrency? ETN is bringing the two together! Check out the latest vendor to integrate #ETN instant payment: Netherlands-based KernThompson Photography. Here’s a link to their website: https://t.co/pKEtWK5eb
-electroneum (@electroneum)
December 17, 2018”

For a cryptocurrency created to provide viable payment solutions and bridge the gap between the payment market and cryptocurrencies, this partnership appears to be a move in the right direction.

Electroneum (ETN) Advances to South Africa

Electroneum seems to finally fulfilling its goal of being adopted globally as it advances to Africa to be listed on its first South African exchange. Announced via a twitter post, the Electroneum team stated that Artis Turba had added the coin to its platform.

“We’re live with our first South African exchange listing! We’re delighted to be working with @ArtisTurba to bring #ETN into South Africa.
Learn more about our newest exchange partner here: https://t.co/zukdCQvg15
-electroneum (@electroneum)
December 17, 2018”

Citing the KYC mechanism in place on the exchange and the cryptocurency itself, the partnership is seen as a perfect match as it could help reduce the malicious acts associated with the crypto space.
Electroneum was created as a mobile cryptocurrency and was aimed at bringing developing worlds into the world of cryptocurrencies. Recording step-wise advancements, Electroneum has been seen to attain heights within the first few months of integration.
Despite being launched in an extremely bearish and cynical atmosphere, Electroneum has managed to find its way into the hearts of many with mainstream influencers like Michael Parsons and Ken Thompson leading the way.
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