STEEM introduced at the #iBlog13 The Philippine Blogging Summit

The Philippine Blogging Summit #iBlog13 was held last September 2, 2017 at the Malcolm Theater of the University of the Philippines' College of Law in Diliman, Quezon City with the theme "Responsible Blogging and Social Media Vigilance." The event was organized by the U.P. College of Law and the UP Law Internet and Society Program and sponsored by Compumatrix International and UNILAB.

Bloggers from all over the Philippines attended the event which so much enthusiasm to learn more about the various trends in their industry while advocating being responsible on their blogging profession and being vigilant to news, topics and articles posted on Social Media.

Among the highlights of the event was the sponsor's talk where Henry James Banayat, Executive Managing Director of the Compumatrix International Group of Companies discussed the topic “The Convergence of Blogs and Cryptocurrencies: A New Frontier for Monetization” which features the blockchain-powered platform STEEMIT.com and STEEM Cryptocurrency.

Banayat encourage bloggers to use the Steemit.com Platform and take advantage of earning cryptocurrency in monetizing their blogs on top of the traditional or current system where blogs are monetized by becoming an ad publisher for platforms like Google Adsense or by posting affiliate links.

During the same event, one of the first bitcoin ATMs in the country had been featured at the lobby with several curious bloggers taking selfies as they meet the future of financial technology.

According to Banayat, Compumatrix International's mission is to promote the use of cryptocurrencies in the country. One of their projects is to turn Baguio City into the Blockchain-capital of the Philippines with the upcoming launch of the Cryptopinoy.com Project where Filipinos can freely exchange, buy or sell cryptocurrencies over the counter or through the network of ATMs distributed by their partner, the Virtual Web Assist and the ThePeoplesOptions (TPO) Group.