- May 5, 2018
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The Noah Project – Utilizing the Full Potential of the Blockchain
The human civilization has progressed with leaps and bounds in the last few decades with multiple technological innovations. Although a World Bank report finds a rise in global wealth, it shows that inequality still persists. The traditional financial system has been more or less unable to bridge the yawning gap between the “haves” and “have-nots” of the world. But all is not lost. Blockchain technology is that beacon of hope that can reduce socio-economic disparity and bring inclusive prosperity in the world.
It started with an idea to use blockchain innovations for enhancing trade between the Philippines and Japan. For years, Japan has been one of the top trading partners of the Philippines. In the first semester of 2018, the total trade between the two countries stood at close to $10 billion or 11.8% of the country’s total trade. In an effort to simplify remittances and business payments, Noah has created a comprehensive blockchain-powered ecosystem.
In June 2018, the Noah Project entered into a strategic partnership with PayRemit, one of the largest payment gateways in the Philippines. This will enable migrant workers to seamlessly and effortlessly send remittances back home, either through their Noah Wallets or through PayRemit agents. The Noah Wallet is freely available for Android and iOS. The financial ecosystem developed by the Noah Project includes Noah Pay, multipurpose payment apps, Noah Wallet and the strategic partnership with PayRemit which eventually help countless businesses, and individuals from, not only the two countries but from around the world, travellers and organisations to make payments and buy goods and services.
The Noah Project created the idea of helping simple people via blockchain.
Look how this idea changed several sectors of the economy now.
Rush to CCN for the details!
The human civilization has progressed with leaps and bounds in the last few decades with multiple technological innovations. Although a World Bank report finds a rise in global wealth, it shows that inequality still persists. The traditional financial system has been more or less unable to bridge the yawning gap between the “haves” and “have-nots” of the world. But all is not lost. Blockchain technology is that beacon of hope that can reduce socio-economic disparity and bring inclusive prosperity in the world.
It started with an idea to use blockchain innovations for enhancing trade between the Philippines and Japan. For years, Japan has been one of the top trading partners of the Philippines. In the first semester of 2018, the total trade between the two countries stood at close to $10 billion or 11.8% of the country’s total trade. In an effort to simplify remittances and business payments, Noah has created a comprehensive blockchain-powered ecosystem.
In June 2018, the Noah Project entered into a strategic partnership with PayRemit, one of the largest payment gateways in the Philippines. This will enable migrant workers to seamlessly and effortlessly send remittances back home, either through their Noah Wallets or through PayRemit agents. The Noah Wallet is freely available for Android and iOS. The financial ecosystem developed by the Noah Project includes Noah Pay, multipurpose payment apps, Noah Wallet and the strategic partnership with PayRemit which eventually help countless businesses, and individuals from, not only the two countries but from around the world, travellers and organisations to make payments and buy goods and services.
The Noah Project created the idea of helping simple people via blockchain.
Look how this idea changed several sectors of the economy now.
Rush to CCN for the details!