Thu. Jun 20th, 2019

Remengesau lauds JICA volunteers in Palau

[L-R] Mr. Hiroshi Asai, JICA Volunteer Coordinator; Mr. Tsukasa Maeda, new JICA Volunteer; President Remengesau, Jr; and Ms. Olga Singeo, JICA Program Officer

President Tommy E. Remengesau, Jr. expressed his appreciation to the Japan International Cooperation Agency(JICA)volunteers for their efforts in fostering people-to-people exchange and contribution in nation building on April 9.

A new JICA volunteer, Tsukasa Maeda, also joined the team and is currently assigned to the Palau Community College (PCC) to work on refrigeration and air conditioning.

Welcoming Maeda during a courtesy visit held at the office of the President on April 9, President Remengesau noted that the support on refrigeration and air conditioning are areas that Palau appreciates.

Maeda joined a long list of volunteers who are actively engaging and providing much-needed support and cooperation in the fields of primary school education, road construction, handicraft, power generation technology, nutrition, mathematics education, physical education, and dental technology.

The volunteers are assigned to various agencies, including the Ministry of Education (MOE), Koror State Government (KSG), Palau Public Utilities Corporation (PPUC) and the Ministry of Public Infrastructure, Industries and Commerce (MPIIC).

Maeda revealed the close and friendly relations Palau and Japan shares and Palau’s “pristine” ocean environment are among the reasons why he chose to volunteer in Palau. (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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