Meet The Cryptocurrency Startups Targeting The $26 Billion Remittance Industry In The Philippines // Forbes Asia 2018-03-11T16:28:41-05:00

Project Description

Two years ago, the publication Brave New Coin dubbed the Philippines an “ideal market for Bitcoin.” Rapid growth in smartphone adoption was one reason for the distinction, but its massive remittance market was the real opportunity. According to FocusEconomics, it is worth upward of $26 billion.

In recent years, several cryptocurrency startups have sprung up in the Southeast Asian country, creating low-cost remittance services for overseas Filipino workers and building a young but growing blockchain ecosystem.

Here are four to keep an eye on.

Continue reading at Forbes Asia

Project Details