Cyberdefense, E-commerce, Edutech, Proptech, Insurtech for PH progress
Philippine government agencies, the private sector, and the Monetary Authority of Singapore (MAS) recently launched Digital Pilipinas: A Closer Look at the Philippine Sandbox , a movement to trigger change through technology and innovation in local and global spheres on July 22.
Digital Pilipinas is convened by GeiserMaclang and supported by the Singaporean government through MAS, and by the Philippine government through the Department of Trade and Industry (DTI) and Department of Finance (DOF).
In his keynote speech, MAS Chief FinTech Officer Sopnendu Mohanty said, If there s one market in Asia which has the biggest potential to completely transform, it s the Philippines. We are promoting technology for people to progress, so the public good is important to make the sandbox successful.
Published June 27, 2021, 3:59 PM
CryptoPop! brand proponent and BloomX Co-founder Luis Buenaventura II is one of the first Filipino NFT (non-fungible token) artists to debut on the Binance NFT marketplace, making his work accessible to art patrons and investors from all over the world. Having just sold an NFT art piece worth $400,000 or a whopping PhP 19.5 million in just ten minutes through a collaborative project with Argentinian comic book artist Jose Delbo last March, Buenaventura demonstrates that he is the most profitable and highest-earning Filipino NFT artist to date.
According to Buenaventura, “My two great loves are cryptocurrency and art. Through NFT Art, I find them converging into one singular path. My advocacy now is to open doors and bring opportunities for fellow Filipino artists to succeed in this arena as well.”
3 reasons Enjin Coin price surged by over 30% in a single day ENJ, the native token of the Enjin blockchain ecosystem, is up 31% in the last 24 hours for three key reasons. 16991 Total views Altcoin Watch
The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours.
There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around JumpNet.
ENJ price chart since December 2020. Source: TradingView.com
Coinbase listing intensifies interest in Enji
The price of ENJ has been on a gradual uptrend throughout the past month ever since the project announced the release of Efinity and JumpNet.
Published March 13, 2021, 11:41 AM
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Digital Asset Exchange (PDAX) are supporting the creation of a crypto-and-fintech sandbox that intends to spur innovation and technological advancement in this space. The move is also in response to the growing public interest in alternative investment platforms such as cryptocurrency, notably due to the clear shift from traditional to digital financial services.
During the recent virtual forum “The Philippine Financial Sector: Policy Perspectives and Trends,” which was held by the European Chamber of Commerce in the Philippines (ECCP) and the Fintech Philippines Association (FPA), Nichel Gaba, Founder and CEO of PDAX, one of the country’s largest and pioneering cryptocurrency exchanges, explained the importance of building what he called a regulatory sandbox for the digital asset space: “In a regulatory framework, a startup or an entity can test an idea rolling out a product to the