Bitcoin Technology and the Marginalized Few in Makati City

Bitcoin Technology and the Marginalized Few in Makati City

We talk a good game, don’t we? All of us in Manila that are into startups and tech, valuations and acquisitions—It’s easy to get carried away with how clever a solution such as a Bitcoin based application could be, in and of itself. But how much of an effect do the clearest, largest players in Bitcoin really have on society writ large? Let’s consider companies such as 21—the hardware mining play. Let’s think about Coinbase, arguably the largest exchange in operation to date. Are these tech providers having an impact on us in the Philippines in particular? Until we’ve found a way to impact....


Related News

BPI supports social entrepreneurs in 1st BPI Sinag Pitch

MAKATI, Philippines – Bank of the Philippine Islands (BPI) awarded young social entrepreneurs in the 1st ever BPI Sinag Pitch held last October 6, 2015 at the Alpha Tents in Makati City. A collaboration with Ateneo Center for Social Entrepreneurship (ASCENT) and BPI Family Ka-Negosyo, BPI Sinag is a business plan competition created to empower young social entrepreneurs in the country. Over 150 entries from all over the country were submitted to BPI Foundation, 40 of which were qualified and sent to the Social Entrepreneurship Boot Camp, which were eventually narrowed down to 10 finalists....

Q&A with Bitstars.ph: Bitcoin for selfies!

Here’s a fun fact: According to LA Times, Makati City in the Philippines is the number one place in the world when it comes to selfies, ahead of New York, Miami, and Cebu City, which is also in the Philippines. With so much drive for social media, the same people over at Bitmarket.ph decided to make a sister company that combined selfies and Bitcoin to further drive adoption, Bitstars.ph 1. How did it all get started? Bitstars.ph started out as an idea we thought of while sitting in an airport waiting area. We tried to figure out a way to monetize something that people today are so....

Akon City 2: Akon Unveils Plan to Build Second Futuristic Cryptocurrency City...

Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. The akoin cryptocurrency will be used in the city, similar to how it will be in Akon City, the $6 billion “real-life Wakanda” that is currently being constructed in Akon’s home country. Second Akon City to Launch in Uganda Senegalese-American star and philanthropist Akon, whose real name is Alioune Badara Thiam, announced last week his plan to build a second....

Indian City Advances as Fintech Hub as Visa, Reuters Move In

Multinational giants Thomson Reuters and Visa will launch their operations in the south Indian city of Vishakhapatnam next month, as the city gains prominence as a leading financial technology hub in the country. Global data and technology provider Thomson Reuters will join the world’s leading payments network Visa in launching operations in Vishakhapatnam, a coastal Indian city in the southern state of Andhra Pradesh. Vishakhapatnam, also known as Vizag, has taken notable steps toward fostering Fintech development by welcoming industry firms to gain an operating presence in the city. The....

Mining City: A New Opportunity for the New Year

Mining City’s growth throughout 2020 has been significant. With an easy-to-use website, thousands of community members active all over the world and regular promotions, now is a great time to begin reaping the possibilities that Mining City (www.miningcity.com) has to offer in 2021. What Is Mining City? Mining City is an initiative that unites people through mining cryptocurrency. Using a “mining plan” structure it gives its users the opportunity to obtain hash power needed for mining. This hash power entitles them to a portion of the total mining reward. Put simply, once....