Philippines Companies working under Blockchain Businesses and Crypto

in philippines •  7 years ago 

Get to know the leading blockchain businesses and cryptocurrency-related companies which are based or has a presence in the Philippines!

The blockchain is not only limited to digital currency but can also be used in other industries. Here in the
Philippines, you might have heard about Coins.ph, and Satoshi Citadel Industries (SCI Ventures). These are consumer-facing startups that deal with the virtual exchange of cryptocurrency to fiat money and vice versa. Transferring money is just one of the blockchain’s key use-case scenario. It can support and disrupts more industries, be it rewards, remittances, and even real estate!

In the Philippines, there are more businesses, firms, and foundations that use the blockchain for a number of different services. Let’s check them out here. (By the way, if you are not familiar with the blockchain, check out this article).
Blockchain Businesses and Companies in the Philippines

Table of Contents [hide]

1 Blockchain Businesses and Companies in the Philippines
2 Abra
3 Appsolutely
4 Bloom Solutions
5 Coins.ph
6 Global Crypto Hub
7 Japhil Global Coins Corp
8 MergeCommit
9 Moneybees.ph
10 NEM Philippines
11 Paylance
12 Qwikwire
13 Salarium
14 Satoshi Citadel Industries
15 Tagcash
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    15.2 Related Articles

Abra

Abra has a buy and sell bitcoin and ethereum app in the country. Users can fund their accounts through pawnshops and then easily convert fiat money into bitcoin. The app can act as a mobile bitcoin and ethereum wallet. https://www.abra.com/
Appsolutely

A company engaged in creating rewards platforms for its clients, Appsolutely is the firm behind LoyalCoin. Its founder and CEO Mr. Patrick Palacios recognized how blockchain technology can help in customer loyalty, thus the LoyalCoin is born. The project, whose full suite of products include the LoyalPlatform, LoyalCoin (LYL), and LoyalWallet recently finished its Token Generation Event, selling over 4.750 billion LYL tokens around the world. https://appsolutely.ph/

Read more: The LoyalCoin ICO is Now Complete

Bloom Solutions

A company launched in 2015 by Mr. Luis Buenaventura, Bloom Solutions’ aim is to make remittances more efficient by providing a fast, safe, and secure way of doing it. Currently, the company has remittance corridors in Australia, Hong Kong, and South Korea.

Mr. Buenaventura also shared that they do not intend to compete with remittance companies but to make their businesses more efficient by using the blockchain technology. https://www.bloom.solutions/

Read more: PH Bitcoin Pioneer: Crypto Can Reduce Remittance Cost by 50%

Coins.ph

Betur Inc (Coins.ph) started in 2014 and backed by Naspers Ventures. Filipinos can easily buy bitcoins (and ether to selected users) by downloading the Coins.ph app. Exchange fiat to bitcoin through convenience stores, bank transfers, remittance outlets, etc. Coins.ph can also be used to pay mobile load and utility bills. https://coins.ph

Read more: Select Users Can Now Buy Ethereum in the Philippines Through Coins.ph!

Global Crypto Hub

Recently opened in the metro, Global Crypto Hub Co-Founder Mr. Jagdish Pandya, also aims to launch an ICO called Usereum. Its primary use-case is for day-to-day payment of bills and utilities.

Read more: Global Crypto Hub Opens in Ortigas, Prepares Usereum ICO

Japhil Global Coins Corp

This Japanese – Filipino partnership’s aims to launch a virtual currency exchange from Cebu. J-PGC is spearheaded by Mr. Takanori Okuno and Mr. Emmanuel Roa Duterte. The VC exchange also wants to ease remittance cost and to help Filipinos transact coins and tokens other than bitcoin.

Read more: JP & PH Investors to Establish Bitcoin Exchange in Cebu

MergeCommit

MergeCommit develops customized enterprise-grade blockchain-based solutions for businesses. Through its “Cerberus Program”, it can help develop crypto exchanges, ICO campaigns, and smart contracts. https://www.mergecommit.com/
Moneybees.ph

Filipinos can now get their hands on bitcoin and ether through over-the-counter transactions with the help of Moneybees.ph. As of this writing, Moneybees has five over-the-counter locations and transactions should be familiar to those who frequent money changers and remittance centers. Moneybees.ph’s owner is Mr. Jay Ricky Villarante, the founder of Paylance and 8Ventures Pte Ltd. https://moneybees.ph/

Read more: Bitcoin OTC | Buy Bitcoin & Ethereum Over-the-Counter in the Philippines

NEM Philippines

The NEM Foundation has a presence in the country through NEM Philippines. While its team is the one responsible for the foundation’s business dealings in the country, NEM’s other, and probably more important mission is to promote awareness and correct knowledge about bitcoin, cryptocurrency, and the blockchain. https://www.facebook.com/groups/1766026463634668/
Paylance

Paylance, also found by Mr. Jay Villarante, allows businesses and individual to settle payrolls and payments through its platform. All users can fund their accounts with PHP, USD, and bitcoin. https://paylance.com
Qwikwire

Qwikwire is currently developing AQwire. AQwire is a property developer’s friend that allows one to sell units to people all over the world. It is a real-estate transactions platform using the blockchain technology. By using AQwire, you don’t need to worry about updating all sites about the status of the sale.

Currently, the company has announced its ICO pre-sale on February 26, 2018 under the token name Qey. The ICO will start on March 26, 2018.
Salarium

Making salaries easier with Salarium. It is a payments solutions company aimed at SMEs like BPOs, manufacturing, retail, IT, etc. Through the SALPay ecosystem, it helps over 500 companies with more than 10,000 employees with their timekeeping and payroll solutions. Aside from that, Salarium is also integrating a blockchain remittance service to receive payments from multi-national businesses across the globe. https://www.salarium.com/

Read more: [ICO] Salarium Announces SALPay Tokens to Use Blockchain and Make Remittances Faster

Satoshi Citadel Industries

Since 2014, SCI Ventures aims to build a blockchain ecosystem in the country. Currently, it has Rebit for remittances, Buy Bitcoin for BTC buy and sell, Bitbit.cash for BTC wallet, and Keza for investing in the international stock market using BTC. https://www.buybitcoin.ph/

Read more: SCI Co-Founder on Bitcoin: Invest Only What You Can Afford To Lose

Tagcash

Founded by Mr. Mark Vernon, a British entrepreneur, Tagcash is a micropayments platform and a company that builds apps, websites, and application program interface (API) for fintech. Its aim is to help the regulators with an easy management of money and private currencies for rewards and tokens. https://tagcash.com/

Do you know of other businesses that we are not able to cover in this article? Let us know by checking our inquiry page.

Read More:

Bitcoin OTC | Buy Bitcoin & Ethereum Over-the-Counter in the Philippines
Do Your Research First, Says Bitcoin PH Pioneers on Crypto Investment
Altcoin Cryptocurrency Exchange Launching in PH Soon

Notes:

If you like what you read here, please consider subscribing to our newsletter!
Invest in bitcoins (or in any altcoins) only the amount you can afford to lose!
Don’t put all your eggs in one basket. Spread your bitcoin and cryptocurrency investment.
Before investing in any cryptocurrency, check the people behind it, its mission, and other details to ensure that they are worth investing for. Don’t invest in something you don’t know.
This article is for informational purposes only and does not constitute an investment advice. There is no substitute for doing your own research.
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