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Philippine Financial Institutions Considering Blockchain Technology

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Published: 24 Jul 2018 › Updated: 24 Jul 2018Philippine Financial Institutions Considering Blockchain Technology

Philippine Financial Institutions Considering Blockchain Technology

Banks in the Philippines are turning to blockchain technology in a bid to boost financial inclusion and streamline money transfer services.

As one of the world’s biggest remittance markets, the Philippines receives more than $30 billion annually from Overseas Filipino Workers (OFWs), a figure that is consistently on the rise.

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