NEM Philippines celebrated its 1st year anniversary last September 1, 2018 in Punta Mandala Bar and Restaurant, Shaw Blvd., Mandaluyong. In attendance were the team behind the success of NEM Philippines and executive heads from partnered companies such as LoyalCoin, C-Estates, CashCart, and many more that have been part of NEM Philippines’ progress. The night was filled with excitement and enthusiasm as leaders from the NEM Philippines team imparted their vision and direction for Filipinos. Many of the attendees also shared their insights and goals for blockchain in the country.
Mr. Nelson Valero, Council Member of the NEM Foundation, shared the team’s vision to have the Philippines become the top source of blockchain talent and use cases.
In an interview with BitPinas, Mr. Valero shared his desire for Filipinos to become so well-versed with blockchain technology to the point where they will become top-of-mind when other people hear about said technology. This has been the team’s drive behind the effort to reach educational institutions such as Ateneo De Manila University and De La Salle University in order to pave the way in introducing blockchain to younger generations.
Mr. Richard Tiu, Strategic Alliance and Partnership Director of NEM Philippines, took the stage with a message pondering on the lack of blockchain programmers in the world. In his perspective, even big companies are short with manpower. This is why NEM PH is so eager to raise graduates in the country who have high potential in blockchain technology and see brighter future as programmers whether abroad or in the country.
“We have to step up and be the first! We have to be the first mover before everybody copies the Philippines. We are supposed to take advantage of our proficiency in the English language.”
– Mr. Richard Tiu, Strategic Alliance and Partnership Director, NEM Philippines
LoyalCoin, the loyalty platform originating from the Philippines, was initially planned to be built on another platform, but then realized that NEM is the best blockchain platform for its business, said Paolo Bediones, LoyalCoin COO.
“The Philippines is geared to be the thought leader in blockchain and cryptocurrency. Blockchain and cryptocurrency are a great equalizer. Now, if you have a great idea, a great team of developers, a proper use case, and a sound business model, you can actually make it in this kind of business.”
– Mr. Paolo Bediones, COO, LoyalCoin
Mr. Bediones also proudly shared the fact that the Philippines is “one of the rare countries” with regulating bodies such as Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) that are open-minded in embracing the concept of cryptocurrency and blockchain.
Mr. Eli Becislao, Project Manager of C Estates Properties, a tokenized real estate exchange (crypto), was also present during the event. He shared that opting to use NEM in their business was the best decision made.
“You don’t choose your platform because you’re biased, because you love this token, you love this coin. You choose your platform because it’s appropriate for your business.”
– Mr. Eli Becislao, Project Manager, Cestates
He also added that the NEM platform is “easy, not time-consuming, easy to integrate, easy to deploy, and you cut a lot of expenses.”
KryptoFootball and CashCart
A representative from a NEM-powered non-fungible token project, KrypoFootball, was also present at the event. This trading card game enables owners to receive rewards based on the player’s performance.
CashCart also attended with its founder and CEO, Mr. Fruvy Rivera. CashCart is an online global shopping platform that utilizes NEM blockchain and ProximaX in handling its storage. The team hopes to launch in October of this year. It aims to give consumers a good alternative in online shopping.
ABOUT THE NEM BLOCKCHAIN PLATFORM
NEM is an out-of-the-box enterprise-grade blockchain platform launched in March 2015. NEM has industry leading blockchain features that include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.
ABOUT THE NEM.io FOUNDATION LTD
NEM.io Foundation is registered in Singapore, operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.