Thu. Jun 20th, 2019

4 Young Palauans attend Taiwan Naval Academy

Four young Palauans availed free education and training at the Taiwan Naval Academy in Zuoying, Kaohsiung, Republic of China (Taiwan).

The four young Palauans namely Francis Tkel, Shandle Techitong, Vincent Abedneko, and Kemdrang Sengebau are taking different courses in the fields of marine science, statistics, etc.

Palau’s ambassador to Taiwan Dilmei Olkeriil told Island Times via messenger that the four students are fully funded by the Taiwan government with no cost on the part of Palau.

While attending the academy, the four young Palauans also receive provisions of meal and monthly stipends and live on the campus.

Under the program, the students will attend the academy for four years. During the first year of their studies, they will be taught the Chinese language and also attend physical training during the summer.

Among the four Palauan students, two are already Juniors, one is a sophomore, and one is a freshman. (Rhealyn C. Pojas)

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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