Thu. Jun 20th, 2019

9th Hatohobei gov’t installed; Two top offices held by women

By: L.N. Reklai

July 11, 2016 (Koror) 9th Hatohobei State Government took their oaths of office today at the Palau Supreme Court.  Associate Justice Kathleen Salii administered the oaths to Governor, Lieutenant Governor and 9 State legislators. [restrict]

Perhaps first in Palau’s modern political history, 45% of the 9th Hatohobei State government elected leadership are women, with top two offices filled by women, governor and lieutenant governor.

Sworn into the Office of Governor is Governor Huana Nestor and for Office of Lieutenant Governor, Jacqueline Victor.

For Legislature at Large were Albino Fernando, Francis Victor, Hercules Emilio, Stalin Stanley, Sheila Judy Pedro, Sabino Zackarias, William Andrew, Sabina Andrew and Stella Patris.  Of the 9 legislators, 6 are men and 3 are women. [/restrict]


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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