Fri. Jun 21st, 2019

New park benches from Koror State spruce up night markets for families

The old Olbiil Era Kelulau Grounds received a makeover thanks to the initiative of the Koror State Government last week.

The Palau Visitors Authority (PVA) says today, that the recent night market marked a milestone recently with the installation of   six new park benches provided by the Koror State Government, sprucing up the children playground located in front of the Old OEK building.

Ngirai Tmetuchl, PVA Chairman of the Board of Directors said with the help of Koror State Governor Franco Gibbons and Speaker Alan Marbou, the grounds located near Ernguul Park had a transformation to ensure a “family friendly space that added value to the night market.”

Tmetuchl said the leaders of the Koror State Government provided children and their families a nurturing environment.

New lighting has also been installed at the ground to encourage kids and their families to come out and have a good time during the night markets.

“On behalf of PVA, we thanked Governor Gibbons and Speaker Alan Marbou for their continued support,” Tmetuchl says.

He said they are looking forward to future partnership with the state government to provide opportunities in developing a strong thriving community, both for the locals and tourists. (PR)

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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