Boracay - The Smart Blockchain Island?

It has been less than a year, and Philippines has already made quite the statement within the Blockchain Society. It has managed to get everyone's attention, and also their admiration.

Unlike much of the developing world, who are either cracking down on crypto-trading or sending out mixed signals; they have consistently adopted a progressive policy direction. The Philippines is close to releasing new regulations for cryptocurrencies.

This is because they recognize the fact that cryptocurrencies offer huge advantages to Filipinos, particularly in terms of accessing cheaper and faster remittances from abroad. As more and more Filipinos use crypto; especially those working abroad, who want to send money back home, the country is readying itself for the launch of the new rules to govern ICO projects and crypto exchanges.

Nobody epitomizes the robust crypto markets in South-East Asia like the Philippines. The Bangko Sentral ng Pilipinas (BSP) has approved the accreditation of 6 virtual currency exchanges, So Philippines, is in the fast track to becoming the next frontier for Blockchain events.

An Introduction to Smart Island known as Boracay!

Boracay is an island paradise known with its white, powdery sand and a stunning sunset. It is not just all hype and fuss: as its beaches have received awards from numerous travel publications and agencies. If that's not enough to lure travelers to keep coming back: then the charm, the fun, and the romance certainly do.

Since Philippines is open to innovation and welcoming a wide variety of projects, which will help the country.Think of Boracay as an Island where we can start building a community of Blockchain enthusiast and a group of inspired Filipinos and Foreigners who love the Beach but at the same time involved with certain projects which offers innovation.

Boracay isn’t a big island with a Stretch of 314 km. There is a lot of scope of improvement, where The Blockchain community can offer its help in rebuilding the island, reshaping the province, and start attracting more smart startup projects to build a hub in this Paradise. .

This ‘Smart Blockchain Island’ is not just a haven for vacation, but it can also be a home to some crypto travellers who prefer a quiet space, clean and fresh air; along with a relaxing workspace, and less stress compared to the city,

With several technological leaps; such as either improving the 4G technology, or moving towards to adopting 5G Network, the rise of Filipino highly skilled Blockchain developers, Young Filipino inventors who won Gold Awards in Iot , These certainly add value to the beautiful country.

The options are limitless if we all work together!

We were once known as ‘The Pearl of the Orient’, and now we can reclaim the glory and be known as the ‘Smart Blockchain Island’. Join us on this move towards the Future. We welcome you the First Vibe Boracay Blockchain Summit 2018

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