Switzerland introduced the Blockchain Act mandate and it covers the groundwork on regulations regarding digital asset exchanges on the Blockchain. This include tokenization, cryptocurrency and tradable digital assets. Originally, the Blockchain Act saw a resolution as a law last year in 2020, and it took effect 1st of February 2021. As reported, market intricacies […]
Singapore Agencies Alliance Fund Launch Blockchain Innovation Program
An alliance of Singaporean government agencies have launched a funded Blockchain program to promote innovation in the platform’s potential. Known as the Singapore Blockchain Innovation Program (SBIP), the infused capital is reported to be worth $8.9 Million Dollars in initial funding. The program is led by the alliance of Enterprise Singapore, Infocomm Media Development Authority […]
Philippine Central Bank Approves of Digital Bank Licenses
With the global pandemic having an adverse effect on the Philippine economy where it cut down growth projections and left an economic shrinkage on its wake, the banking side of things have experienced a digital boom in terms of signups and usage. During the lockout and the months leading to the cautious economy reopening, it […]
Blockchain Adoption Accelerates Despite Pandemic
It can be said that disruption is one of the best drivers for innovation. In this case, the global pandemic and its adverse effect on the global economy. Despite the huge setbacks suffered by global industries, the people, processes and technology platforms have learned to adjust and work with the environment in order to push […]
Mobey Forum States Banks Need to Adopt Digital Identities for KYC
The Finance industry generally handles identities and verification in its day to day activities. Whether it’s insurance or simple bank transactions, there is always a step that involves verification. However, there are loopholes in the system from time to time, especially during verification, making the industry prone to identity fraud. In addition to this, there […]
Economic Identities: Inclusive Growth and Better Value for Money
This article was first published on BitPinas: Economic Identities: Inclusive Growth and Better Value for Money How economic identities in the Blockchain can foster inclusive economic growth and better value for money despite economic challenges In my last article, I described Digital Identities over the Blockchain and why it matters as we approach a Blockchain-enabled future, and briefly […]
How Blockchain Banking and Finance Will Help the Unbanked in the Philippines
Banking in the Philippines is a fragmented institution where the primary banks with the best commercial and financial services are concentrated in the capital city of Metro Manila. The Philippine archipelago that is comprised of over seven thousand islands present a challenge to local banks in terms of consistently maintaining their quality of service across […]
State of Blockchain in the Philippines and the Leading Nations of Asia
Blockchain is the engine that powers cryptocurrency economies and their respective Initial Coin Offerings (ICO). As the demand for coins and cryptocurrency exchange soared, regulations among the many leading nations of Asia were quick to scramble delay orders in order to slow the superlative expansion of coins in an effort to place a semblance of […]
Blockchain: The Silent Revolution within Banking and Finance
As the old saying goes: “Money makes the world go round”. The modern economy is dictated by the influx and fluctuation of money into domestic markets. Any disruption coming from movements within hedge funds, capital markets and local trading; sends ripples across the global financial market. History tells us that the succession of technology utilized […]