Crypto Expo Dubai 2023: Doric Network Shines as the Best Blockchain Project Winner

Crypto Expo Dubai 2023: Doric Network Shines as the Best Blockchain Project Winner

Monday, September 25, 2023

The recently concluded Crypto Expo Dubai, held on September 20-21, 2023, at the magnificent Festival Arena, Dubai Festival City, proved to be a resounding success, attracting blockchain enthusiasts, industry leaders, and innovators from around the world. Among the highlights of this prestigious event was the prominent presence of Doric Network, a platinum sponsor, and the recipient of the Best Blockchain Project award.

Doric Network's participation in this event underscored its commitment to fostering innovation and excellence within the blockchain space. The company's robust platform, designed to provide a simple, secure, and user-friendly solution for creating tokens, earned them the well-deserved recognition as the Best Blockchain Project at Crypto Expo Dubai 2023.

"Doric Network is proud to have been a part of Crypto Expo Dubai 2023, and we are truly honored to receive the Best Blockchain Project award. This recognition reaffirms our dedication to empowering individuals and businesses in the blockchain ecosystem," according to a team member of Doric Network.

Doric Network's platform is tailored to meet the demands of both novices and seasoned blockchain enthusiasts. Whether you're a first-time token creator or a blockchain expert, Doric provides the tools you need to confidently manage your blockchain assets. The platform's user-friendly interface simplifies the token creation process, ensuring that it is accessible to all.

What sets Doric Network apart is its foundation on its blockchain, employing the PoA (Proof of Authority) consensus algorithm. This architecture enables faster transactions and enhanced scalability within the network, addressing the critical challenges faced by many other blockchain platforms.

At Crypto Expo Dubai 2023, Doric Network showcased the transformative potential of its platform, offering attendees a glimpse into the future of blockchain technology. The company's innovative approach to token creation resonated with event participants and industry experts alike, leading to their recognition as the Best Blockchain Project.

As the blockchain industry continues to evolve, Doric Network remains at the forefront, dedicated to providing cutting-edge solutions and contributing to the growth of the global blockchain community. Their success at Crypto Expo Dubai 2023 serves as a testament to their unwavering commitment to excellence.

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UnionBank becomes first and only PH universal bank to offer mobile crypto trading

UnionBank becomes first and only PH universal bank to offer mobile crypto trading

Thursday, September 21, 2023

Proving its status anew as an industry trailblazer, Union Bank of the Philippines (UnionBank) recently achieved another first in the industry after securing a Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP), making it the first and only universal bank in the Philippines to offer virtual asset exchange services. 

With the full VASP license from the BSP, the Bank can now extend virtual asset exchange services to a broader base of UnionBank customers through the award-winning UnionBank Online app. These virtual asset exchange services previously were accessible only to randomly selected users of the app through a limited virtual asset license. 

The new feature, set to roll out gradually in the final quarter of 2023, will now enable UnionBank customers to directly buy and sell Bitcoin (BTC) through the app, providing a convenient and secure platform for trading cryptocurrencies through a well-established and trusted financial institution. This will also allow them to manage both traditional banking and digital assets within a single mobile platform. 

“In this era where change is constant, our pursuit of this license isn't just about staying current, but about being future-proof and future-ready. The financial landscape is evolving at an unprecedented pace, and we want to be at the forefront, ensuring that we are equipped to meet the evolving needs of our clients,” said UnionBank SVP and Head of Emerging Technology Group Cathy Casas. 

“Our commitment to our clients is the driving force behind every innovation we introduce,” said UnionBank EVP and Chief Technology and Operations Officer Dennis Omila. “Through these new services, we are empowering them to be able to navigate this new space with confidence.” 

“This milestone represents a significant leap forward for UnionBank as we continue to revolutionize the banking landscape. By obtaining this license, we are not only paving the way for even more groundbreaking opportunities, but also enhancing our digital capabilities and further transforming the way our customers interact with us,” said UnionBank President and CEO Edwin Bautista. 

The adoption of blockchain technology has been integral to UnionBank's future-proofing strategy, and the Bank has been actively exploring potential use cases, including cryptocurrencies, to adapt to evolving customer needs and financial trends. For instance, in 2019, the Bank launched the country’s first bank-operated, two-way virtual currency ATM located in its digital branch “The ARK” in Makati City, which allows users to buy and sell cryptocurrencies. 

The initiative aligns with the Bank’s "Tech-Up Pilipinas" advocacy, aimed at advancing digital literacy among Filipinos and enhancing financial inclusion and technological empowerment in the country. 

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UnionBank, Coins.ph ink digital business solutions partnership to make crypto more accessible

UnionBank, Coins.ph ink digital business solutions partnership to make crypto more accessible

Monday, July 3, 2023

Union Bank of the Philippines (UnionBank) has partnered with Web 3.0 and digital assets services provider Coins.ph for a joint initiative that will help make crypto and other emerging asset classes more accessible to the open market. UnionBank and Coins.ph made the partnership official through a memorandum of agreement signing ceremony that was held at the UnionBank Plaza in Pasig City last May 30, 2023.

Coins.ph President David Kao, Coins.ph Chief Financial Officer Lily Chen, Coins.ph Country Manager for the Philippines Jen Bilango, UnionBank Sales Director Bamm Bamm Roxas, UnionBank Fintech Business Group (FBG) Head Erika Dizon-Go, UnionBank Relationship Manager Honey Regala, and UnionBank FBG Assistant Vice President – Sales and Partnerships Gel Enriquez, attended the ceremony as representatives.

As part of the agreement, Coins.ph will offer preferential rates of its services to clients of UnionBank, specifically in the payments and remittance industries. The partnership covers four key services offered by Coins.ph which are: simple buying, selling, and conversion; spot trading; crypto wallet and custody features; and cash in and cash out. 

Through its partnership with Coins.ph, UnionBank will be able to help its clients future-proof themselves especially amid the continuous rise in usage of crypto and crypto-enabled technologies. This is also one way to democratize accessibility of cryptocurrencies and further scale and promote adoption of the technology.

"We know that the crypto market has been on a slowdown for quite some time now, but we remain steadfast and ready once the bull market returns. When that happens, we want to be in the forefront to offer services with the help of our long-time partner Coins.ph," said Enriquez. "We are positive that this partnership will bring a more open and digitalized future for our clients, the communities, and the country as a whole."

"We wanted to partner with UnionBank, because at the end of the day, what's most important for us and for the community at large is to make it accessible and easy for people to buy, sell, and trade crypto," stated Bilango. "Through this partnership, it allows us to build trust and drive wider adoption of cryptocurrencies in the country, unlocking new financial opportunities for the public. 

"This product launch that is now available under the Bank's DBS [Digital Business Solutions] Referral Program is instrumental so that the crypto offerings powered by Coins.ph can now be made available through other platforms that will provide more reach for UnionBank customers," said Roxas. "This remarkable partnership truly forges a stronger bond between Coins.ph and UnionBank. We are looking forward to the success of this product."

This partnership presents an opportunity for UnionBank to add more ways of being open to the content creation economy by doing collaborations and partnerships via embedding new services for UnionBank’s clientele. This is also part of the digital service push as UnionBank welcomes the innovation ecosystem to the Open Finance Center of Excellence. 

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