Thu. Jun 20th, 2019

Japan Hands Over Two Fire Trucks to Angaur State

In Friday, August 26, 2016, Ambassador of Japan Kazuhiro Tajiri formally handed over two fire trucks to Angaur State. The handing over ceremony for “The Project for Procurement of Fire Trucks to Angaur State”, which was held at Fisheries Dock in Malakal, was witnessed by Ucherbelau, Governor Marvin Ngirutang, Delegate Mario Gulibert, and the people of Angaur. [restrict]

The two refurbished fire trucks were granted to Angaur State, at a total cost of $89,996, through Japan’s Grant Assistance for Grassroots Human Security Projects (GGP).

Fires have been a serious issue for Angaur State. The recent draught caused bushfires around the island and several houses were burnt down in fires. Since the state did not own any fire truck, all the villagers had to battle to stop fires, but the capacity to extinguish a fire by human power was limited. Thus, the two donated fire trucks will now enable Angaur State to have a safe and reliable means to fight against a fire.

The fire trucks could be used not only for extinguishing fires, but also as water tanks that enable Angaur residents to have access to water in case of emergencies. Both fire trucks have tanks on their back and one fire truck has a capacity to carry approximately 400 gallons of water while the other has a capacity of 800 gallons, which allow to carry around 1,200 gallons of water in total.

As part of the project, a week-long training will be conducted in Angaur in November to instruct the usage and maintenance of fire trucks from a Japanese firefighter. As an outcome of this project, the fire trucks will be used efficiently to stop the fire to its minimum damage and to ensure a safe environment for the people of Angaur.

In his remarks at the ceremony, Ambassador Tajiri expressed his hope that this project will contribute to secure the safety of Angaur residents and will lead to the further development of friendships between Japan and Angaur.

The Government of Japan launched GGP in Palau in 1999, for the purpose of responding to various development needs engaged in grassroots activities. The Embassy has worked on more than 60 GGP projects with educational institutions and state governments as well as non-profit organizations in Palau. Education, health care and environment are the primary fields prioritized by Japan and its GGP. For further information about GGP, please contact 488-6455. [/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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