Thu. Jun 20th, 2019

Proposed Australia Pacific approach could de-stabilise – academic

 

WELLINGTON, 05 FEBRUARY 2018 (RNZ PACIFIC) — A former New Zealand diplomat says a new Australian foreign affairs white paper could foster instability in the Pacific. [restrict]

But Michael Powles, who is a senior fellow at the Centre for Strategic Studies at Victoria University in Wellington, says this would amount to an attempt to recolonise the region, and would not be welcomed by many Pacific nations.

He says if the suggestions were implemented they could have a destabilising effect on the region.

“The anger on the part of many people in the region at being treated in this kind of way could lead to quite strong resistance and, as I say, it could be de-stabilising and so that would have an effect of adversely impacting on security rather than securing security, which is presumably the objective of the offer.” (PACNEWS) [/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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