Thu. Jun 20th, 2019

0.5 ton of garbage collected at Meyuns Causeway

In commemoration and celebration of the Republic of Palau’s 24th Independence Day, the Office of the President led by the Our Ocean 2020 Secretariat in partnership with the Palau National Marine Sanctuary, the Division of Solid Waste

Management, Koror State Solid Waste Management, Environmental Quality Protection Board, Friends of the Palau National Marine Sanctuary and Planet Blue/Sam’s Tours successfully organised a collaborative land and coastal cleanup at the Meyuns Causeway on Friday, September 28 as part of the National Clean-Up Day Program and the Executive Branch’s Adopt-A-Road Program.

Through this public-private partnership, the collective groups focused attention in collecting as many trash around the land, shore and mangrove areas. To ensure the collection of micro-plastics, an innovative tool was created using a recycled electric fan cover found deep within the mangroves. This tool was used to scoop out these small pieces of plastics to prevent further damage to the ocean environment, the fish and other ocean wildlife from mistaking them for food. During the course of the clean-up, at least half a ton of garbage was collected ranging from plastic bottles, electric fans to footwear and plastic grocery bags.

The Office of the President extends its sincere gratitude to all the respective agencies and companies for their partnership and collaboration in ensuring the success of this program, as well as contributing efforts to the protection of our environment. (PR)


ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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