Quite recently, innovations in electronic commerce and business processing gained traction all over the world in the form of blockchain technology. With its proliferation, blockchain ushered in the dawn of financial technology (fintech) and cryptocurrency entering, and now stirring, the global business atmosphere. Meanwhile, in the Southern Pacific, the Philippines is in the forefront of this revolution by opening its shores to this booming market. Through the Cagayan Economic Zone Authority (CEZA), the country is on the verge of leading, if not pioneering, a government-backed ecosystem for the growth of finTech and cryptocurrency exchange business in the region. Raul Lambino, confirmed that the operations of fintech or cryptocurrency.

Source: Manila Times June 02, 2018 16:39 UTC