🇵🇭 Post-event reflections from Philippine Blockchain Week!

We’re proud to have had our BD Manager Zack Khan represent RD Technologies at Philippine Blockchain Week — a vibrant gathering of innovators and regulators shaping the future of digital assets in the region.

🤝 Great conversations with leaders from https://t.co/S9nurcJx3Y, @pdaxph , and other key players revealed the Philippines' strong momentum in Web3 adoption, especially in the area of cross-border payments and remittances.

💡 Key takeaways:
1️⃣ Remittances account for ~10% of the country’s GDP — a major economic pillar.
2️⃣ The Bangko Sentral ng Pilipinas (BSP) is taking a progressive stance, aiming to lower remittance costs through digital innovation and regulatory support.
3️⃣ With initiatives leveraging blockchain and Web3, there's a national goal to cut transaction fees from 5% to as low as 1%, making remittances faster, cheaper, and more secure for Filipinos.
We’re excited about the collaboration potential and the role PayFi can play in supporting financial inclusion in Southeast Asia. 🌏

#RDTechnologies #PhilippineBlockchainWeek #Remittance #Web3 #DigitalPayments #PayFi #BlockchainForGood #FinancialInclusion #CrossBorderPayments