Thu. Jun 20th, 2019

Japan grant for another Melekeok project inked

On Friday, September 28, 2018, Ambassador of Japan Toshiyuki Yamada and Governor of Melekeok State Henaro M. Polloi signed the grant contract for “The Project for Dry Litter Piggery Technology Introduction in Melekeok State,” valued $59,416, under the Japan’s Grant Assistance for Grassroots Human Security Projects (GGP). The signing ceremony was held at the Embassy of Japan and was witnessed by Melekeok Delegate Lentcer Basilius, Chief and Legislator of Melekeok State Ngiraingas Villiany Thomas and other related personnel.

As there has been a groundswell of support for livestock farmers in Palau to enhance Palau’s food security, the Embassy of Japan decided to grant a wood chipper and compact truck. These two pieces of equipment will now allow Melekeok State to introduce Dry Litter Piggery technology. The project was made possible by technical assistance from the U.S. Department of Agriculture Resource Conservationist Paul Lake as well. Dry Litter piggery technology uses wood chips to absorb waste from pigs so that it can save the use of water to clean pig pens. Odors and fly populations will be very minimal at the same time. As a result, this system will prevent the water and soil pollution as well as the infection of Leptospira virus and protect the environment. Moreover, used wood chips with pigs’ waste create compost to be used at local farms and Ngardok Nature Reserve.

In his remarks at the ceremony, Ambassador Yamada emphasized the importance of maintenance so that the granted equipment could be used for a long period of time. Moreover, he expressed his hope that the implementation of this project would lead to further development of Melekeok State and its residents.

The Government of Japan launched GGP in 1999, for the purpose of responding to various development needs engaged in grassroots activities in Palau. As of September 28, 2018, the Embassy has signed 72 grant contracts with schools and hospitals as well as state governments and non-profit organizations. Education, health care and environment are the primary fields prioritized by Japan for GGP in order to contribute to sustainable development of Palau. For further information about GGP, please contact 488-6455.

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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