Western Union to Join Forces With Coins.ph

Philippines now able to send money to cryptocurrency wallets using Western Union
09 April 2019   330

Western Union, a popular money transfer service, has entered into a partnership agreement with Coins.ph, the leading bitcoin company in the Philippines, through which residents of this Asian country can receive money transfers to their cryptocurrency wallets.

As noted in the press release, the Coins.ph user base has more than 5 million people, while the number of Filipinos who work outside the country and regularly face the need to send remittances home is about 10 million people. The new service will offer “quick and convenient access to remittances in urban and remote underserved areas”.

There are many overseas Filipino workers who send money back home regularly and are always looking for additional remittance options that will make it most convenient for their loved ones to receive money. By pairing Coins.ph’s payments technology with Western Union’s expansive global network, we are giving Filipinos a seamless choice to receive money digitally, on the go. There are an estimated 10 million1 Filipinos working or residing overseas. With this collaboration, we are proud to serve their families back home with even easier access to our suite of services and maximize positive impact on communities in the country.

Ron Hose

Co-founder and CEO, Coins.ph

The report notes that after verification, users will be able to receive monthly transfers in the amount of 100 thousand Filipino pesos (about USD $ 1 907).

 Coins.ph is one of the oldest services in the Bitcoin ecosystem. At the end of 2014, the company offered its users an “instant transfer” service, which allowed them to withdraw funds sent from 450 ATMs across the country.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.