Blockchain

Philippines Central Bank Joins Digital Currency Race

Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has created a committee to look at the feasibility and policy implications of issuing its own digital currency, governor Benjamin E. Diokno said on July 29. “We have to first look

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Philippines Launches Blockchain-Based App for Bond Investment with UnionBank and PDAX

The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange (PDAX), launches an app for the distribution of retail treasury bonds enabled by Distributed Ledger Technology (DLT). The app, called

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WWF and UnionBank Team Up for Financial Inclusion in Philippines Using Blockchain

Today the World Wide Fund for Nature (WWF) Philippines, UnionBank of the Philippines, and TX, announced the launch Tracey, an app for fisherfolk that will use blockchain technology for documenting and verifying catch and traceability data. The provided data can then be used by

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UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines

UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a

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UnionBank to Launch a Blockhain Powered SME Financing Platform with OneConnect

OneConnect announced today, their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Philippines. According to their press

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Philippine-based Blockchain Ticketing Startup Raises Capital for SEA Expansion

Singapore’s diversified group of companies Citystate Group made a seed investment in Ticket2Me, a blockchain-powered ticketing startup from the Philippines. The startup is now gearing for business expansion in Southeast Asia. Ticket2Me raised $350,000 in fresh capital and reportedly plans

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Blockchain Education in the Philippines Going Mainstream

Be it formal or casual, blockchain education is becoming a regular thing in the Philippines although its usage in different sectors, education in itself, has yet to be applied. AMBERLab or Ateneo-MediXserve Blockchain Education & Reasearch Lab defines blockchain as

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