OneWatt, a Filipino Startup Hailed Grand Champion for GreenOvation 2015
From among 34 contenders, a Filipino startup – OneWatt grabbed the top spot for this year’s GreenOvation held last October 3, 2015. Philippines is a tropical country. The consumption of electricity that exceeds the budget of most Filipino households due to heat causes monthly bills to continuously increase. OneWatt has found a way to solve this issue that everyone thought hopeless. The said Filipino Startup created an energy storage system called “energon” that’s brilliant enough to help each household be able to manage electrical fluctuations. Energon then works to determine the perfect....
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Filipino Bitcoin startup Satoshi Citadel Industries (SCI), has raised an additional US$100,000 as part of its ongoing seed funding round. Through this investment, serial entrepreneur Joe Maristela hopes to encourage other angel investors to consider putting money into the Philippines’ burgeoning tech industry. Commenting on the new fundraising, John Bailon, CEO and co-founder at SCI, told CoinTelegraph: "It’s refreshing to have an investor like Mr. Maristela, who maintains a proactive involvement with us and shares our passion for Bitcoin and what it can do for the Philippines. His....
23 mobile app startups battled it out at the Round 1 of the DTI-GIZ competition, Greenovation. This round focused on the business models of the startups as Beam and Go’s Director of Marketing, Albert Go (among others), mentored them. Greenovation consists of three rounds of systematic steps needed to build the mobile APPs. Round 1: Business Model wherein ten teams were selected, Round 2: Prototyping and Market fitness on September 12 wherein five teams will be selected and Round 3: APP Coding and Programming on October 3 for the selection of the final winner. Raket.ph’s Lyle Jover, a judge....
John Bailon is Co-Founder and CEO/CTO atSatoshi Citadel Industries (SCI), a Filipino Bitcoin startup aiming to improve the lives of Filipinos with smart and innovative products related to Bitcoin. As of today, the ventures company offers as much as 7 Bitcoin centered products, including the country's first Bitcoin bills payment systemBills Ninja, the Philippines' premier 'rebittance' serviceRebit.ph, and recently launchedthe country's first order book exchange,Coinage. In an interview with CoinTelegraph, Bailon talks about the Filipino market, the local Bitcoin community and his ambitions....
Just a week ago, Filipino congresswoman Kimi Cojuangco introduced a bill in the Filipino House of Representatives that would create a government-backed digital currency that would serve as an official medium of exchange for domestic online payments. This digital currency, known as the "e-peso," was proposed as part of the E-Peso Act of 2014. The e-peso that would be at par with the country's official currency the Filipino Peso would be used as legal tender. Of interest to the bitcoin industry is that in its current form, the bill would require the Filipino central bank, the Bangko Sentral....
Singapore-based remittance startup Toast, previously known as Cryptosigma, has pivoted away from bitcoin and blockchain technology and reportedly raised $850,000 (S$1.2m) in seed funding. The startup - which seeks to facilitate remittances for Filipino workers living in Singapore - announced its re-branding in a blog post in July and said it would for now operate as a