Thu. Jun 20th, 2019

PBF  received donation from Taiwan Embassy

On Nov 6th, Counselor Jason Huang, on behalf of the Taiwan Embassy, made a donation of $1,600 to the Palau Baseball Federation (PBF) in support for Palau national baseball team to attend 2nd Micronesian Baseball Classic in Guam from Nov 14th to 18th, 2017. [restrict]

Temmy Shmull, the president of the PBF, said that Palau is sending a national baseball team of 20 people, including 17 elite players, assistant coach, head coach and a team manager to participate in the 2nd Micronesian Baseball Classic. To win the championship, the Palau national baseball team players were carefully chosen and had gone through intensive training for this upcoming event. PBF president Shmull believes that the team is well-prepared and is optimistic that it has the chance of winning the game this year.

The Micronesian Baseball Classic was introduced by Palau during the 2015 Micronesian games technical meetings in Pohnpei. In 2016, Saipan hosted the 1st Micronesian Baseball Classic and baseball teams from Guam, Kosrae, Palau and Saipan participated in the event. Palau was supposed to host the 2nd Micronesian Baseball Classic this July. Due to the dengue outbreak in Palau, the event had been rescheduled to November and to be held in Guam. The purpose of this event is to promote and elevate the sport of baseball in the Micronesian region. Taiwan Embassy is pleased to support the Palau national baseball team and wish its success in the coming event. [/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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