On May 27 2016, Fastenal, one of North America’s largest product distributors and Matson, a leader in Pacific shipping, teamed up to donate 1,512 cases of Fastenal purified drinking water to Palau during the most severe drought it has ever experienced. [restrict]
The National Emergency Committee (NEC) distributed the water to all of the States of Palau for the elderly, disabled, homebound or otherwise debilitated people.
All of Palau’s States nearly dried up completely of water during the drought and water continues to be collected for other household purposes. “The National Emergency Committee appreciates Fastenal and Matson for making this possible and helping to ensure that drinking water is made available for those who need it the most.” Says Vice President Bells, the Chairman of the NEC. “We also would like to thank the Peleliu Club of Guam who facilitated the donation and covering the additional trucking charges and making the donation possible.” The Vice President added. [/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.