Fri. Jun 21st, 2019

Palau grabs Gold in 17U Micronesian Basketball Tournament

The 2016 17U Micronesian Basketball Tournament (Western Division) concluded this weekend, with Palau winning the Gold, CNMI winning the Silver and Guam going away with Bronze after heated games in the past week. [restrict]

Palau won Gold in the final game with 62 to 54 against CNMI.  CNMI drew Silver whilst Guam seized Bronze in an 89 to 68 against Belau.

There were five teams in this tournament, teams Palau, Guam, CNMI, Yap and Belau.

The Palau Basketball Federation and the organizing committee of the Micronesian 17U Program wishes to thank all the sponsors and donors for contributing to the overall success of the program.[/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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