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News and Events

Bitcoin is 10 Years Old Today. Is it Time to Buy the Virtual Currency?

Here's how the first cryptocurrency has fared in the past decade

On October 31, 2008, an unknown author who went by the name of Satoshi Nakamoto published a short essay online with the title Bitcoin: A Peer-To-Peer Electronic Cash System.The nine-page, 12-part document opens with a summary of what was being proposed: “A ...

by Lorenzo Kyle Subido  | October 31, 2018 06:00:00
News and Events

Building a Blockchain Startup? Check Out This New Incubator Based at the Ateneo de Manila

AMBERLab will serve as an education, incubation and research hub for finding blockchain-based solutions to global problems

Executives of Ateneeo de Manila University and MediXserve at the launch of AMBERLab last October 22On October 22, the Ateneo de Manila University (ADMU) and healthtech startup MediXserve launched the Ateneo-MediXserve Blockchain Education and Research Laboratory, or AMBERLab, which is positioned as ...

by Lorenzo Kyle Subido  | October 24, 2018 01:00:00
Business Ideas

Meet the Startup That's Developing Manny Pacquiao's Own Crypto Coin

Using PAC Tokens, fans can buy the boxing legend's merchandise or pay him to livestream a birthday greeting

Aside from Manny Pacquiao, GCOX will also create a cryptocurrency for former English football player Michael Owen and American singer Jason DeruloAs a politician, Emmanuel “Manny” Pacquiao is known as the Bible-thumping Filipino senator who’s in favor of conservative causes such as ...

by Lorenzo Kyle Subido  | October 19, 2018 09:00:00
Business Ideas

How a Bitcoin Pioneer in PH Survived the Vagaries of the Cryptocurrency Market

Meet the founders of one of the first blockchain technology companies in the Philippines

When John Bailon first heard about Bitcoin, he thought it was a scam.“When I downloaded the software, I ran it, [and] it crashed on my computer,” he told Entrepreneur Philippines during an interview last April.  “I said, this must be a scam. That was maybe ...

by Lorenzo Kyle Subido  | October 15, 2018 09:00:00
News and Events

Want Cheaper Grab Rides? Virtual Token Users Get as Much as Php100 Discount Per Trip

Appsolutely has partnered with Grab Philippines to allow LoyalCoin holders to avail of discounted fares

The return of the time-based fare charge on Grab Philippines and Hype Transport car-hailing rides could mean pricier trips for customers though it could also help boost the availability of the service. Entrepreneur Philippines estimates that the time-based component of the fare, ...

by Lorenzo Kyle Subido  | September 25, 2018 04:00:00
News and Events

SEC Proposes Rules that Set Stage for Extensive Regulation of Initial Coin Offerings

While some tokens may be exempt from registration, all offerings must go through assessment by regulators

The Securities and Exchange Commission (SEC) has released a memorandum circular detailing its proposed rules on initial coin offerings (ICOs) of Philippine companies or targeted at Filipinos.In the circular titled “Rules on Initial Coin Offerings,” the SEC defines ICOs as “distributed ledger ...

by Lorenzo Kyle Subido  | August 02, 2018 06:00:00
News and Events

After Building Xurpas, Can Nix Nolledo Deliver Free Internet Through Blockchain-Powered Platform?

Filipino tech pioneer raises $60 million in commitments from global crypto investors and VCs

Nix Nolledo stepped down from his role as CEO of Xurpas, the consumer tech company he co-founded, to focus on ODX, which aims to provide free internet through a blockchain-enabled marketplaceODX Pte. Ltd., a Singapore-based subsidiary of Philippine consumer technology firm Xurpas, has ...

by Lorenzo Kyle Subido  | August 01, 2018 10:00:00
Startup Tips

Financial Adviser: 5 Business Lessons Every Startup Can Learn from Coins.ph Founder Ron Hose

Coins.ph is the largest blockchain-enabled financial services platform in the country today

Ron Hose is not your typical serial entrepreneur. He does only one thing at a time. When he puts up a startup, he focuses on growing the business as big as he can before he cashes in and moves to another venture.Right ...

by Henry Ong  | July 31, 2018 09:00:00
News and Events

From Sari-Sari Store ATMs to Blockchain-Powered Remittance: RCBC Displays Knack for Fintech

The country's 10th biggest lender is rolling out several technological firsts in the banking industry

RCBC ePiso is the country’s first digital fiat currency, which clients can use to access financial services without the need to open and maintain a bank account“If you’re talking about financial inclusion, necessarily you have to talk about digital banking.”Those were the introductory ...

by Lorenzo Kyle Subido  | July 16, 2018 09:00:00
Run & Grow

Basic Blockchain Lingo You Need to Know

Do the terms 'proof-of-stake,' litecoin' and 'mining' mean anything to you? If not, keep reading

With all the buzz lately around blockchain technology, it can be tough to keep up. Given how fast this industry is growing, new terms are being introduced on a regular basis, and if you have wanted to learn more about crypto, the ...

by AJ Agrawal  | July 11, 2018 02:00:00
News and Events

Buying or Selling Bitcoins? BSP Approves 2 More Virtual Currency Exchanges

The banking regulator has registered a total of five crypto-exchanges since late 2017

The Bangko Sentral ng Pilipinas (BSP) has approved two more companies to operate as virtual currency exchanges (VCEs), or firms that convert Philippine pesos into cryptocurrencies such as Bitcoin and Ethereum, and vice versa.BSP Deputy Governor Chuchi Fonacier has said that the ...

by Lorenzo Kyle Subido  | July 09, 2018 04:00:00
News and Events

PH Conglomerates Eye Blockchain Tech to Address Challenges and Sustain Growth

Winston Damarillo's digital transformation consultancy helps turn doubters into early adopters

The Amihan Block Party featured a panel that discussed blockchain's effect on certain industries such as telecommunications and airlineIn early June, Amihan Global Strategies, a leading digital transformation company, hosted the Amihan Block Party, where it launched new product offerings all using ...

by Lorenzo Kyle Subido  | July 06, 2018 10:00:00
News and Events

How a Filipino Startup Founder Launched One of PH’s First ICOs and Raised $15 Million

Appsolutely CEO Patrick Palacios shares lessons from one of the country’s earliest initial coin offerings

Patrick Palacios, CEO of Appsolutely, speaks at the Beach Blockchain Conference in Cebu, which was attended by over 250 people from all over the world“An ICO is the best gift to an entrepreneur because [even] without any connections, you’re able to expand ...

by Lorenzo Kyle Subido  | May 30, 2018 09:00:00
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