blockchain

Global blockchain firm ConsenSys has announced its partnership with UnionBank of the Philippines to establish the country?s first financial technology product based on Ethereum that can execute and settle domestic remittances to and from rural banks in the Philippines.

EOS Philippines is poised to be the first EOS block producer in the country.

Gartner said organizations should not overestimate the short-term benefits of blockchain.

Blockchain technologies are being adopted by a wide range of industries across the Asia Pacific region.