July 20, 2018, 4:15 am
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1 Philippine Peso = 0.0687 UAE Dirham
1 Philippine Peso = 2.01833 Albanian Lek
1 Philippine Peso = 0.03442 Neth Antilles Guilder
1 Philippine Peso = 0.51646 Argentine Peso
1 Philippine Peso = 0.02528 Australian Dollar
1 Philippine Peso = 0.0333 Aruba Florin
1 Philippine Peso = 0.03741 Barbados Dollar
1 Philippine Peso = 1.57108 Bangladesh Taka
1 Philippine Peso = 0.03151 Bulgarian Lev
1 Philippine Peso = 0.00707 Bahraini Dinar
1 Philippine Peso = 32.75309 Burundi Franc
1 Philippine Peso = 0.01871 Bermuda Dollar
1 Philippine Peso = 0.02527 Brunei Dollar
1 Philippine Peso = 0.12832 Bolivian Boliviano
1 Philippine Peso = 0.07203 Brazilian Real
1 Philippine Peso = 0.01871 Bahamian Dollar
1 Philippine Peso = 1.27899 Bhutan Ngultrum
1 Philippine Peso = 0.19255 Botswana Pula
1 Philippine Peso = 374.4856 Belarus Ruble
1 Philippine Peso = 0.03737 Belize Dollar
1 Philippine Peso = 0.02464 Canadian Dollar
1 Philippine Peso = 0.01868 Swiss Franc
1 Philippine Peso = 12.20576 Chilean Peso
1 Philippine Peso = 0.12563 Chinese Yuan
1 Philippine Peso = 53.5578 Colombian Peso
1 Philippine Peso = 10.55649 Costa Rica Colon
1 Philippine Peso = 0.01871 Cuban Peso
1 Philippine Peso = 1.77142 Cape Verde Escudo
1 Philippine Peso = 0.41506 Czech Koruna
1 Philippine Peso = 3.32024 Djibouti Franc
1 Philippine Peso = 0.11972 Danish Krone
1 Philippine Peso = 0.93303 Dominican Peso
1 Philippine Peso = 2.19981 Algerian Dinar
1 Philippine Peso = 0.25129 Estonian Kroon
1 Philippine Peso = 0.33389 Egyptian Pound
1 Philippine Peso = 0.51106 Ethiopian Birr
1 Philippine Peso = 0.01606 Euro
1 Philippine Peso = 0.03917 Fiji Dollar
1 Philippine Peso = 0.01429 Falkland Islands Pound
1 Philippine Peso = 0.01431 British Pound
1 Philippine Peso = 0.08962 Ghanaian Cedi
1 Philippine Peso = 0.88982 Gambian Dalasi
1 Philippine Peso = 168.66816 Guinea Franc
1 Philippine Peso = 0.14005 Guatemala Quetzal
1 Philippine Peso = 3.88103 Guyana Dollar
1 Philippine Peso = 0.1468 Hong Kong Dollar
1 Philippine Peso = 0.44747 Honduras Lempira
1 Philippine Peso = 0.1187 Croatian Kuna
1 Philippine Peso = 1.26057 Haiti Gourde
1 Philippine Peso = 5.20183 Hungarian Forint
1 Philippine Peso = 269.36027 Indonesian Rupiah
1 Philippine Peso = 0.06796 Israeli Shekel
1 Philippine Peso = 1.28159 Indian Rupee
1 Philippine Peso = 22.25963 Iraqi Dinar
1 Philippine Peso = 813.69248 Iran Rial
1 Philippine Peso = 1.99588 Iceland Krona
1 Philippine Peso = 2.43547 Jamaican Dollar
1 Philippine Peso = 0.01325 Jordanian Dinar
1 Philippine Peso = 2.11107 Japanese Yen
1 Philippine Peso = 1.8771 Kenyan Shilling
1 Philippine Peso = 1.27484 Kyrgyzstan Som
1 Philippine Peso = 75.70146 Cambodia Riel
1 Philippine Peso = 7.90311 Comoros Franc
1 Philippine Peso = 16.83502 North Korean Won
1 Philippine Peso = 21.15413 Korean Won
1 Philippine Peso = 0.00566 Kuwaiti Dinar
1 Philippine Peso = 0.01534 Cayman Islands Dollar
1 Philippine Peso = 6.4508 Kazakhstan Tenge
1 Philippine Peso = 157.22035 Lao Kip
1 Philippine Peso = 28.15189 Lebanese Pound
1 Philippine Peso = 2.98915 Sri Lanka Rupee
1 Philippine Peso = 3.00412 Liberian Dollar
1 Philippine Peso = 0.24822 Lesotho Loti
1 Philippine Peso = 0.05703 Lithuanian Lita
1 Philippine Peso = 0.01161 Latvian Lat
1 Philippine Peso = 0.02573 Libyan Dinar
1 Philippine Peso = 0.17723 Moroccan Dirham
1 Philippine Peso = 0.31076 Moldovan Leu
1 Philippine Peso = 0.98373 Macedonian Denar
1 Philippine Peso = 26.78638 Myanmar Kyat
1 Philippine Peso = 45.80995 Mongolian Tugrik
1 Philippine Peso = 0.15122 Macau Pataca
1 Philippine Peso = 6.64048 Mauritania Ougulya
1 Philippine Peso = 0.64347 Mauritius Rupee
1 Philippine Peso = 0.29125 Maldives Rufiyaa
1 Philippine Peso = 13.40105 Malawi Kwacha
1 Philippine Peso = 0.35353 Mexican Peso
1 Philippine Peso = 0.07589 Malaysian Ringgit
1 Philippine Peso = 0.24819 Namibian Dollar
1 Philippine Peso = 6.7153 Nigerian Naira
1 Philippine Peso = 0.58586 Nicaragua Cordoba
1 Philippine Peso = 0.15284 Norwegian Krone
1 Philippine Peso = 2.04293 Nepalese Rupee
1 Philippine Peso = 0.02753 New Zealand Dollar
1 Philippine Peso = 0.00719 Omani Rial
1 Philippine Peso = 0.01871 Panama Balboa
1 Philippine Peso = 0.06114 Peruvian Nuevo Sol
1 Philippine Peso = 0.06073 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.39618 Pakistani Rupee
1 Philippine Peso = 0.0692 Polish Zloty
1 Philippine Peso = 106.97905 Paraguayan Guarani
1 Philippine Peso = 0.06809 Qatar Rial
1 Philippine Peso = 0.07472 Romanian New Leu
1 Philippine Peso = 1.18 Russian Rouble
1 Philippine Peso = 15.95267 Rwanda Franc
1 Philippine Peso = 0.07015 Saudi Arabian Riyal
1 Philippine Peso = 0.14747 Solomon Islands Dollar
1 Philippine Peso = 0.25122 Seychelles Rupee
1 Philippine Peso = 0.33483 Sudanese Pound
1 Philippine Peso = 0.16573 Swedish Krona
1 Philippine Peso = 0.02554 Singapore Dollar
1 Philippine Peso = 0.0143 St Helena Pound
1 Philippine Peso = 0.41538 Slovak Koruna
1 Philippine Peso = 153.38571 Sierra Leone Leone
1 Philippine Peso = 10.68088 Somali Shilling
1 Philippine Peso = 393.68313 Sao Tome Dobra
1 Philippine Peso = 0.16367 El Salvador Colon
1 Philippine Peso = 9.633 Syrian Pound
1 Philippine Peso = 0.24845 Swaziland Lilageni
1 Philippine Peso = 0.62252 Thai Baht
1 Philippine Peso = 0.04952 Tunisian Dinar
1 Philippine Peso = 0.04351 Tongan paʻanga
1 Philippine Peso = 0.08966 Turkish Lira
1 Philippine Peso = 0.12587 Trinidad Tobago Dollar
1 Philippine Peso = 0.57159 Taiwan Dollar
1 Philippine Peso = 42.49906 Tanzanian Shilling
1 Philippine Peso = 0.49158 Ukraine Hryvnia
1 Philippine Peso = 69.56977 Ugandan Shilling
1 Philippine Peso = 0.01871 United States Dollar
1 Philippine Peso = 0.58277 Uruguayan New Peso
1 Philippine Peso = 145.09914 Uzbekistan Sum
1 Philippine Peso = 2239.05724 Venezuelan Bolivar
1 Philippine Peso = 431.12608 Vietnam Dong
1 Philippine Peso = 2.04265 Vanuatu Vatu
1 Philippine Peso = 0.04883 Samoa Tala
1 Philippine Peso = 10.52881 CFA Franc (BEAC)
1 Philippine Peso = 0.05051 East Caribbean Dollar
1 Philippine Peso = 10.52881 CFA Franc (BCEAO)
1 Philippine Peso = 1.90591 Pacific Franc
1 Philippine Peso = 4.67265 Yemen Riyal
1 Philippine Peso = 0.24818 South African Rand
1 Philippine Peso = 97.07258 Zambian Kwacha
1 Philippine Peso = 6.76955 Zimbabwe dollar

Crypto-powered PH? Why not, says experts

Sometime this year, tourists going to Dakak Beach Resort in the city of Dapitan in Zamboanga del Norte, need not worry about bringing cash. 

They need not worry also about converting their yen or dollars to pesos, or if their credit or debit cards will be accepted or not.

By using the NOAH Coin, tourists will be able to access tennis courts, billiards a bowling alley, a world class golf course, horseback riding, ATVing, ziplining, rock climbing, wakeboarding, a fully fitted airsoft facility, rappelling, cove hopping, scuba diving, snorkeling, kayaking, banana
boat, jetski, river cruise and sunset cruise.

NOAH Coin is a kind of cryptocurrency—a digital or virtual currency that uses cryptography for security and makes it difficult to counterfeit because of this security feature. 

Cryptocurrencies make it easier to transfer funds between two parties in a transaction which are facilitated through the use of public and private keys for security purposes. 

NOAH Foundation Director Josef Werker said that Dakak is the initial resort in the NOAH pipeline.

NOAH Coin will also be used in NOAH City, part of the P100-billion, 419-hectare commercial district called Horizon Manila, just off the coast of Manila Bay.

“When tourists visit Dakak, they need not worry about yen, peso or any fiat currency.  They can use NOAH Coin to pay for everything, get discounts, freebies and special experiences that you can’t get if you paid in cash,” Werker said.

The NOAH Project, started in 2016, is a cryptocurrency platform focused primarily on enhancing the Japan-Philippines trade and market. 

Using blockchain-powered applications for Remittance, B2B (business to business) and B2C (business to consumer) Payments, as well as partnerships with major Philippine real estate projects and more, NOAH Project aims to bridge the gap between Japanese and Filipino citizens, travelers and businesses. 

NOAH Coin is its own cryptocurrency and will be used in its ecosystem by members and users. 

Werker said that the NOAH Coin is inspired by the Hong Kong octopus card that allows tourists to many points of access to shop, transportation and entertainment.

“We applied this idea to an area with far less infrastructure with the use of blockchain technology,” he said.

Werker said the mission of the Noah Project is to consolidate and allow cryptocurrency users—customers, merchants, and traders—on-board around a very specific and intuitive platform that can seamlessly integrate all the existing features under the same structure. 

This platform comprises of remittance, mobile money, discounts, and trading services that give its users a unique and viable alternative to traditional methods. 

The customers of The Noah Project are users and supporters of the platform who have an interest in Japanese-Filipino market opportunities, people who are already using cryptocurrencies but are looking for avenues to diversify and contribute in worthwhile endeavors between the two nations. 

The Noah Project aims to collaborate with Philippine ventures, both in the private sector and public sector, to create strategic partnerships for meaningful and lucrative projects that will benefit both Japan and The Philippines alike, says Werker.

Since the relationship of Japan and the Philippines is mutually beneficial and close, the project hopes to achieve long term success in the project they choose to support.

With the advent of cryptocurrencies, the most popular of which is the Bitcoin, new opportunities for business and disruptive financial applications have entered the market. 

Weker said that as an alternative payment method, it has gained popularity among contributors, entrepreneurs, and consumers over the last few years. 

Such popularity would not be possible without blockchain technology, a ground-breaking technology that powers all cryptocurrencies.

According to experts at the first Philipines-Japan Forum on Investments and Cryptocurrency held in Tokyo recently and organized by the NOAH Foundation, a blockchain “is a digitized, decentralized, public ledger of all cryptocurrency transactions.”

Constantly growing as ‘completed’ blocks are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping. 

Originally developed as the accounting method for cryptocurrencies, blockchains are appearing in a variety of commercial applications today. 

Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain. 

“Our efforts are firmly planted in a forward-facing vision of the Philippines. One where traditionally overlooked regions suddenly tap into the world economy. Where the perennially impoverished can finally taste prosperity without having to leave their homeland and families behind,” Werker said.

“As we begin to empower those opportunities with an economy augmented by cryptocurrency, more than ever, we must commit to dispelling misinformation and create consensus so that knowledge and not fear maps our future,” he added

Werker said that this what NOAH Coin is doing is a solid case for using cryptocurrencies to help communities.

Global experts in the field of cryptocurrency, blockchain technology and financial technology believe that the Philippines is at the cusp of being crypto-powered and could soon be the next fintech hub in Southeast Asia. 

The forum gathered together thought leaders in these new technologies from the Philippines, Australia, USA and Japan in an effort to make more people understand cryptocurrency, blockchain technology and fintech.

Werker said that the forum has become necessary in the light of heightened excitement on these new technologies and the need to educate the public about these. 

“We felt that this is the perfect opportunity to bring together experts to become our knowledge partners so they could best share how cryptocurrency, blockchain technology and fintech, impact the way people live right now, and more importantly how it could affect the way we do things in the future,” Werker said.

Werker stressed cryptocurrencies and the blockchain is not simply a technological trend, but rather a shift towards a better future, one in which managing one’s finances is becoming easier, faster, cheaper and safer. The cryptocurrency industry has given birth to an entirely new market which has the potential to disrupt existing market strategies and conventional business practices. 

One of the challenges facing this new technology today is the lack of specific platforms that will allow user to participate in this industry with minimal effort and a specific purpose. 

By creating the Noah Foundation, Werker said users who wish to participate in unique and robust projects between Japan and the Philippines will now be able to use a platform that makes this accessible and simple to use.
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