Philippines Smartphone Explosion Offers Potential for Bitcoin
The Philippines continues to be one of bitcoin’s most promising countries, posting a 20 percent growth in smartphone shipments for Q1 2016. That figure makes it the fastest-growing smartphone market in Southeast Asia. According to IDC and TechinAsia reports, Philippines’ statistics come at a time when other countries in the region experienced lackluster....
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The Philippines will hold a convention on payments and e-commerce this September to highlight the growth an opportunities in this industry. This will bring together more than a thousand attendees, 60 speakers, and 40 international and local exhibitors for the Cards & Payments Philippines and E-Commerce Show Philippines expo, with some set to discuss cryptocurrency trends in the country. The events will be held in the SMX Convention Center in Manila from September 2 and 3, with industry leaders from the Department of Trade & Industry, Bangko Sentral ng Pilipinas, Globe Telecom, E-PESO, Land....
Ok, so maybe the whole Bitcoin mining thing didn't work out. Maybe you are a day late, and a dollar short to play with the big boys in 2015. Maybe you need just one more shot to strike it rich in digital currency. If you don't have a supercomputer that takes up an entire bedroom, it's probably time for Plan B. That plan might include the newest digital currency called MangoCoinz. "What's that?" you might ask? MangoCoinz is a new digital currency that lets you mine on your smartphone, so no mega-servers are required. It can be done away from home as well, or anywhere you can take your....
The Philippines has been experimenting with different payment modes for years. The problem is that many of these systems never attained worldwide recognition. Bitcoin, however, has proven to be one of the most promising medium of exchange in the Philippines, thus far. Bitcoins appeared in 2009, but they only managed to gain some traction in the last 3 years. The digital currency was just introduced in the Philippines and one company largely responsible for raising cryptocurrency awareness in the country is Bitmarket.ph. Launched in May, Bitmarket.ph is more like a marketplace, payment....
The forum’s billed as, “The Power of Bitcoin.” The forum will be hosted by influencers in the Bitcoin ecosystem of the Philippines. On the legal side, Attorney JJ Disini discusses regulations, compliance, and the future of Bitcoin as a regulated—and perhaps, legal—financial medium. On the investment and startup funding side of things is angel investor Joe Maristela. He’s been avid promoter of Bitcoin in the Philippines, and has invested in several Bitcoin products, including Rebit.ph. He’ll talk about the potential windfalls of leading in the frontier of this space. John Bailon is a....
From the same company that brought you Rebit.ph, Bitstars, Coinage, and Bitmarket, is Prepaidbitcoin. PrepaidBitcoin is essentially what it sounds like. Bitcoin available to be purchased, prepaid. This brings Bitcoin to a familiar interface, as many Filipinos use prepaid cards for everything, from minutes to gift cards. It seemed like the most obvious thing to do in a market like the Philippines. This is the texting capital of the world, and 1 in 4 Filipinos now own a smartphone, and something like 95%+ of all SIM cards are prepaid. People are familiar with prepaid cards and use it in....