FDCP conducts the 8th Film Industry Conference 2024

Wazzup Pilipinas!?

The Film Development Council of the Philippines (FDCP) is set to host the 8th Film Industry Conference (FIC), a two-day event bringing together local filmmakers to discuss the latest trends, opportunities, and platforms in the industry. The conference is happening on October 24 to 25 at Lanson Place Manila in Mall of Asia, Pasay City.

FIC aims to provide a platform for Filipino film professionals and media practitioners to engage in critical discussions on the current state of Philippine cinema and explore ways to elevate the quality and global competitiveness of Filipino films. By bringing together industry experts, professionals, educators, and stakeholders, FIC 2024 aims to address the challenges faced by the industry and map out a vision for a brighter future.

The event will feature six (6) talk sessions, led by various local film and media professionals, focusing on key topics such as intellectual property rights, regional cinema, film archiving and more.

Through FIC, the FDCP hopes to not only revitalize the industry but also promote collaboration among filmmakers and provide free access to knowledge through public forums.

Online participants can register at fdcp.ph/FIC2024-02 while onsite attendees may sign up via fdcp.ph/FIC2024-01.

For more information and engagements regarding FIC 2024, follow us on Facebook, X, and Instagram.

FULL SCHEDULE:

OCTOBER 24, 2024

Session 1: Here’s the Tradecraft: How to Safeguard the Intellectual Properties of

Filipino Filmmakers

Date & Time: October 24, 2024 | 1:10 PM - 2:10 PM

Moderator: Paul Sta. Ana (Filipino Screenwriters Guild)

Panelists:

Atty. Amanda Marie F. Nograles (Department of Trade and Industry)

Atty. Ma. Janice Tejano (De La Salle College of Saint Benilde)

Atty. Louie Andrew C. Calvario (Intellectual Property Office of the Philippines)

Session 2: Highlighting Regional Cinema: Dissecting the Diverse Films of the Philippine Islands

Date & Time: October 24, 2024 | 2:35 - 3:35 PM

Moderator: Butch Ibañez (National Commission for Culture and the Arts)

Panelists:

Teng Mangansakan (Salamindanaw Asian Film Festival)

May Arlene Torres (SINEliksik Bulacan)

Raquel Rivera (Hundred Islands Film Festival)

Session 3: Screen to Stream: Examining the Cinema-to-Platform Release Model

Date & Time: October 24, 2024 | 4:00 - 5:00 PM

Moderator: Jag Garcia (Filmmaker)

Panelists:

Madonna Tarrayo (UxS Unitel StraightShooters)

Ronald Arguelles (Vivamax Communications, Inc.)

OCTOBER 25, 2024

Session 4: Future from Film Past: The Role of Film Archiving & Restoration in the

Progress of Philippine Cinema

Date & Time: October 25, 2024 | 1:10 - 2:10 PM

Moderator: Jun Sabayton (Actor)

Panelists:

Leo Katigbak (ABS-CBN Film Archives)

Don Arawan (Philippine Film Archive)

Ricky Orellana (Mowelfund Film Institute)

Jeffrey Sonora (FPJ Productions)

Session 5: Cinematic Support: Insights on the Intersection of Government and Cinema

Date & Time: October 25, 2024 | 2:35 - 3:35 PM

Moderator: Seymour Sanchez (Film Development Council of the Philippines)

Panelists:

Joann C. Bañaga (Movie and Television Review and Classification Board)

Atty. Paulino S. Cases, Jr. (Movie and Television Review and Classification Board)

Butch Ibañez (National Commission for the Culture and the Arts)

Paolo Villaluna (Film Academy of the Philippines)

Jose Javier Reyes (Film Development Council of the Philippines)

Session 6: Co-Production and Globalization: The Future of International Filmmaking

Date & Time: October 25, 2024 | 4:00 - 5:00 PM

Moderator: Percival Intalan (The IdeaFirst Company)

Panelists:

Joirie Ann Pacumio (FilmPhilippines Office)

Bianca Balbuena (Epicmedia Productions)

Wilfredo Manalang (Fusee)

Danzen Santos-Katanyag (Digital Dreams Inc.)

8th Indie-Siyensya film finalists explore the confluence and interrelation of science and Filipino culture

Wazzup Pilipinas!

In an era saturated with misinformation, the creation of science documentary films stays alive with Indie-Siyensya standing at the forefront, ensuring this vital medium continues to thrive. Now in its 8th edition, the filmmaking competition has garnered over a hundred entries across the country featuring the theme "Siyensya sa Kultura, Kultura sa Siyensya," which emphasizes the vital role of scientific inquiry in shaping cultural practices and vice versa.

The 8th Indie-Siyensya Filmmaking Competition, organized by the Department of Science and Technology - Science Education Institute (DOST-SEI), has officially premiered, bringing together filmmakers and audiences to explore the rich interplay between science and Filipino culture.

Simultaneous film screenings in different Cinematheque Centres nationwide from October 14-18 were attended by students, teachers, filmmakers, and other members of the local government unit.

In collaboration with the Film Development Council of the Philippines (FDCP), the competition showcases a diverse array of films that will be screened at various Cinematheque Centres across the country (Manila, Iloilo, Negros, Davao and Nabunturan) from October 14 to 18 and will be available online through the streaming platform JuanFlix on October 19 to November 8, 2024. The initiative seeks to utilize the power of storytelling through film to communicate essential scientific concepts to the public.

 

The 8th Indie-Siyensya premieres at Cinematheque Centres Davao and Nabunturan with a program attended by members of the board of judges: science communicator and University of the Philippines Los Baños Senior Lecturer Dr. Ruby Cristobal, University of Santo Tomas Creative Writing Department Head Dr. Joselito delos Reyes and UPLB Professor and Scientist Dr. Aimee Lynn Dupo.

“For the past six years, the FDCP and Indie-Siyensya of the DOST-SEI have had this really fruitful partnership. The correlation between science and filmmaking are practically indivisible because the advancements done in the art and technology of filmmaking is highly dependent on science,” says Jose Javier-Reyes, Chairman and CEO of the FDCP.

This year, the competition features two distinct categories: the Youth Category and the Open Category. The Youth films focus on uncovering science within Filipino culture, highlighting evidence-based indigenous practices and traditions. The Open Category, on the other hand, explores how Filipino culture informs and integrates science and technology into everyday life.

Among the hundred entries in the Open Category is Eksmen by Heather Simonette Rose M. Intong, a captivating documentary that delves into the extraordinary diving abilities of the Badjaos (Sama Dilaut) in Simunul, Tawi-Tawi leaving a lingering question to the audience whether this tribe should let their tradition be swept by the passing tides of time or utlize their adaptive nature to keep up with the fast-paced society.

Another notable entry, Kalasag ng Tubod by Mondrayniel F. Sarte, brings the viewers to the picturesque Twin Lakes Natural Park in Negros Oriental, shedding light on the harmonious relationship between traditional ecological knowledge and modern conservation efforts. Through interviews and expert observations, the film illustrates how "bayanihan," plays a crucial role in protecting this vital ecological resource.
Meanwhile, Herbolaryo by Dexter Paul De Jesus and Drexler Jaramel, explains the role of Herbolaryos and the culture of using herbal plants in traditional healing, as modern science transforms these medicinal plants into modern drug formulations.

Banghay by John Rafael C. Labini is a captivating documentary that explores the tradition of naming winds in Malaban, Binan, Laguna. Through a compelling blend of folklore and science, the film uncovers the significance of these wind names to the local fishing community and their connection to the environment.

Additionally, Through Each Thread by Gian Arre highlights the intricate weaving tradition of Indang, Cavite, showcasing the scientific principles inherent in this age-old craft, while emphasizing the cultural significance of the weaving process.

In the Youth Category, films like KaLikhasan by Julia Gabrielle P. Salonga and Nganga by Anjalique Rendon dive into the sustainability of traditional practices, with KaLikhasan focusing on the benefits of bahay na bato architecture and Nganga examining the cultural and scientific aspects of betel nut chewing among the Dumagat-Remontados.

Gakit: The Journey of Change by Eula Frances A. Macabodbod explores the historical and cultural significance of the Pulangi River in Valencia, Bukidnon, while Decadent Bitterness by Lloyd Zedric B. Apacible reflects on the rich history tied to the local delicacy, piaya. Gangis by Xandre Yosef Gaan further bridges tradition and science by connecting the beliefs of the Talaandig tribe with scientific insights.

Dr. Ruby Cristobal, a science communicator and member of the board of judges also stressed that as the scientific community continues to push the boundaries of knowledge, we must always acknowledge our roots and embrace our diverse cultural heritage. Culture, she pointed out, is not separate from science—it is integral to who we are as a people.

The Indie-Siyensya competition not only highlights the creativity of Filipino filmmakers and science communicators but also underscores the importance of integrating cultural heritage and scientific knowledge for the betterment of society. As DOST-SEI and FDCP continue to forward these initiatives, they invite audiences to reflect on the essential connections between art, science, and Filipino identity.

Quezon City Marks a Year of Transformation at the State of the City Address 2024

Wazzup Pilipinas!?

On October 21, 2024, the Quezon City Government hosted a momentous State of the City Address (SOCA) at the MICE Center, Quezon City Hall Complex. 

The event, graced by the Honorable Mayor Joy Belmonte, was a testament to the city's remarkable progress and future aspirations. 

The atmosphere was electric as attendees, dressed in Modern Filipiniana and smart casual attire, gathered to witness Mayor Belmonte's address. 

The event kicked off with a warm welcome and registration at 12 PM, setting the stage for an afternoon of insightful reflections and forward-looking plans. 

The arrival of city councilors and representatives from different districts, and the Vice Mayor Gian Sotto was highly anticipated. Many would cheer for them as they seemingly marched forward wearing their choices for Filipiniana, others standing out due to their colorful attire, while a few were recognizing some people they know from the audience.

Vice Mayor Gian Sotto's reading of list of achievements of the city were great to hear and would be encouraging if non-residents were among the audience...as if urging us to move to Quezon City.

Mayor Joy Belmonte's speech was a highlight, as she eloquently detailed the city's achievements over the past year. From groundbreaking infrastructure projects to innovative social programs, Quezon City has seen significant advancements that have improved the quality of life for its residents. The Mayor's vision for the future was equally inspiring, with plans to further enhance the city's sustainability, inclusivity, and economic growth. 

I loved the way she would say "Shout-out to ____________" recognizing the heads or leads of certain projects or divisions/departments/offices of the Quezon City LGU, regardless if they were there or retired already, or even away at another country attending another task.

I also enjoyed the way she jokingly asked the audience if we needed a bathroom break due to her overwhelming list which is not just lengthy but substantial with glaring accomplishments not as visible in other cities. Quezon City, with her administration, has truly been at a resounding success, especially if compared with the status of other cities.

The SOCA 2024 was not just a celebration of past successes but also a call to action for the community. Mayor Belmonte emphasized the importance of collective effort and community engagement in achieving the city's goals. Her message resonated with the audience, who left the event feeling motivated and optimistic about the future of Quezon City. 

The State of the City Address 2024 was a resounding success, showcasing Quezon City's resilience, innovation, and commitment to progress. As the city continues to evolve, the leadership of Mayor Joy Belmonte and the active participation of its citizens will undoubtedly drive Quezon City towards a brighter and more prosperous future.


A Year of Achievements

Mayor Belmonte highlighted the transformative infrastructure projects that have modernized the city, from vital road expansions to the development of world-class public facilities. These projects, she emphasized, are designed not only to ease the daily lives of residents but to pave the way for the city's future growth.

In parallel, she celebrated the city’s innovative social programs that have empowered its citizens. Programs in education, healthcare, and social welfare have seen expansion and success, contributing to a higher quality of life for all sectors of the population. The mayor underscored the city’s achievements in building more inclusive, accessible services, ensuring that progress reaches even the most marginalized communities.

A Vision for the Future

Looking forward, Mayor Belmonte's speech was a blueprint for a more sustainable, inclusive, and economically robust Quezon City. The plans unveiled for 2025 and beyond are ambitious yet achievable, with a clear focus on enhancing environmental sustainability, continuing the push for smart city innovations, and driving economic empowerment through new business opportunities.

The mayor’s commitment to sustainability was at the forefront, with plans to expand green spaces, strengthen waste management systems, and boost the use of renewable energy sources. Equally important was her call for greater inclusivity, with continued efforts to promote equal opportunities, support small businesses, and uplift communities most affected by poverty.

A Call for Unity

What set this SOCA apart from previous years was Mayor Belmonte's passionate call to action. She emphasized that these lofty goals could only be realized through collective effort—inviting every citizen to participate in building a city that serves all its people. “Our progress is your progress,” she remarked, galvanizing the audience with her message of shared responsibility and collaboration.

The message resonated deeply with the crowd, leaving them with a sense of pride in what had been accomplished and renewed hope for what is to come. Many attendees left the event energized, inspired to contribute to Quezon City’s future.

A Bright Path Ahead

In closing, the State of the City Address 2024 was more than just an annual report—it was a celebration of Quezon City's resilience, innovation, and forward momentum. The leadership of Mayor Joy Belmonte has positioned the city as a model for progress and inclusivity, while her unwavering commitment to the people of Quezon City ensures that the city's best days are still ahead.

With the continued support and active involvement of its citizens, Quezon City is poised to become a beacon of modern urban development in the Philippines—a city that not only dreams but delivers.

‘Going green’: MSMEs commit to go plastic-free, ties up with Greenpeace and DTI-NCR

Micro, Small and Medium Enterprises (MSMEs) may seem miniscule, but a growing number of them are determined to show larger companies that greening the manufacturing and retail sector should be everyone's business.

In an event titled "Reduce, Reuse, Refill: 3Rs to End Plastic Pollution," environmental advocates, the Department of Trade and Industry (DTI) and progressive business groups enjoined other MSMEs to reduce their production and consumption of single-use plastics (SUPs) and adopt more sustainable practices. Said initiative aims to build the capacity of MSMEs to lead the shift toward environmentally responsible business operations.

This brought MSMEs to the Las Piñas-Parañaque Wetland Park (LPPWP) for a field immersion and discussion on Tuesday. The LPPWP, which is home to over 41 migratory bird species and the threatened and endemic Philippine duck,[1] faces severe threats from plastic pollution. The activity sought to raise awareness among local businesses about the destructive impact of SUPs on ecosystems and communities.

"Small businesses are doing their part in decreasing reliance on single-use plastics, and are proving that it is possible,” said Marian Ledesma, Zero Waste Campaigner for Greenpeace Philippines. “There’s no excuse for major corporations not to follow suit.”

MSMEs comprise 99.59% of all business establishments in the Philippines.[2] According to Ledesma, the potential behind their considerable numbers play a pivotal role in sparking changes in the industry. “This includes transitioning prevailing business models away from SUPs and influencing consumers in their respective communities,” she continued.

Participants in the event included fisherfolk, community members, and waste workers who shared firsthand experiences of how plastic pollution affects food security, environment and livelihood. Over 164 million plastic sachets and 57 million shopping bags are discarded every day[3] in the Philippines and much of which are not recycled.[4] Instead, they end up in landfills or waterways, contributing to pollution and the climate crisis.

“Sinisira [ng mga plastic] ang aming mga gamit pangingisda at itinataboy ang mga isda sa malayo. Dagdag perwisyo sa panggastos sa gasolina. Natatabunan at pinapatay [nito] ang mga bahay itlugan, bahura, bakawanan, at mga halamang dagat,” shared PANGISDA Pilipinas Chair Pablo “Ka Pabs” Rosales.

“Nanawagan kami sa ating makakalikasang mga negosyante, na pangunahan ang pag-iwas sa… single-use plastic na siyang pinakamarami sa karagatan at kalat sa kapaligiran. Suportahan ang pagsisikap ng mangingisda na linisin ang baybayin at karagatan para sa pagpapanumbalik ng kasaganaan at luntiang kapaligiran.”

Upstream solutions such as reduction, reuse and refill are aligned with the DTI's Green Economic Development program. These approaches aim to enhance MSME competitiveness by helping businesses adopt climate-smart, environmental-friendly, and inclusive strategies.

"Sustainability is our only option for a better tomorrow; it is a crucial aspect of business resilience and long-term success," said DTI-National Capital Region OIC-Regional Director Winston T. Singun. "There are no businesses to speak of in an inhospitable future, plagued with various environmental crises. MSMEs have the power to make a positive impact not only in our economy, but also our planet."

Following the nature walk were sustainability discussions in Talyer 15 at the Henry Hotel Compound for discussions led by business owners championing sustainable plastic reduction efforts. The session featured entrepreneurs and communities who have successfully employed viable, practical, and innovative alternatives to plastic use, paving the way for a just zero waste transition.

Leading the charge in the “Greening Your Business” discussions are speakers from Back to Basics Ecostore, Newport World Resorts, San Juan Resort Restaurant and Hotel Association (La Union) and Rizza Lana Sebastian. The panelists shared their expertise on how to "green" the supply chain, how to reduce plastics in tourism, and how to practice sustainable communications. Reuse and refill solutions such as those applied by Kuha sa Tingi[5] (Greenpeace Philippines), JuanaZero[6] (Mother Earth Foundation), Sabon Express, and Good Food Community were also tackled to mitigate the crisis.

Greenpeace Philippines is optimistic that more MSMEs take part in interventions that address plastic pollution at the source. A number of attendees have expressed their willingness to break free from plastic and be a part of community-driven solutions that help create a zero-waste system.

The field immersion and sustainability discussion is an initiative under Champions of Change, a growing global collective of forward-thinking businesses committed to transitioning towards a plastic-free future.

Notes to editors:

[1] LPPWP as 6th Ramsar Site in the Philippines

[2] 2022 Philippine MSME Statistics in Brief

[3] Sachet Economy: Big Problems in Small Packets

[4] Production, use, and fate of all plastics ever made

[5] REUSE AND REFILL for a Plastic-Free Future

[6] JUANAZERO: A Zero Waste store of Mother Earth Foundation

Please credit the photos to: Jilson Tiu / Greenpeace

Here’s what the Champions of Change have to say:

“With plastic pollution, there's the obvious issue that it can harm certain marine animals, especially turtles. There have been a lot of studies showing that plastics, especially when they break down into microplastics, can actually threaten coral populations. I think that's why it's really important for us to fight against plastic pollution because they affect the entire marine ecosystem.” — Denise Sze, Marketing Executive of Magwai

"From the mountains of plastic in our cities to the microplastics that are now everywhere, we are causing serious health consequences from chemicals that leach into our waterways. Committing to a plastic-free future is a really important thing. We just need to make that decision on what kind of infrastructure and what kind of culture we need to support this commitment. These are really exciting ways of working with the community so that we can make this happen." — Charlene Tan, Founder & CEO of Good Food Community

"Lagi lang po natin isipin na isa lang naman talaga ang mundo. Hindi tayo pwede magkaroon ng satellite earth or another earth. And ‘yung mga plastic na basura na itinatapon natin in this lifetime, it would take 400 to 500 years to decompose. So, siguro po yung isapuso lang po natin at isaisip yung katotohanan na yan. Siguro ‘yun po ‘yung magda-drive sa ating lahat [para ilaban ang pagbabago]." — Mellany Zambrano, Founder & CEO of Sabon Express

"So with this Global [Plastics] Treaty, what is more exciting about it is the fact that it's looking at the end-to-end supply chain for plastic. It's not just looking at waste management... It's looking at the producers... They're looking not just to penalize the end, but reduce the demand. From the treaty, I want to see more responsibility going back on those companies that are producing plastic bottles." — Rob Boreham, Managing Director of Hospitality Innovations by Quorate Inc.

About Greenpeace Philippines

Greenpeace is a community united by a mission to protect the planet and ensure a green, peaceful future. They’ve led the fight against environmental destruction, advocating for the planet’s rights as part of a global movement that challenges power with courage.

 

This Press Release has also been published on VRITIMES

 

The Evolution of Media: Key Innovations Driving Media Evolution Forward

As technology continues to advance and new ideas come to life the way we interact with the evolution of media is constantly evolving. Recent breakthroughs are transforming how we create distribute and interact with content. Staying updated on these shifts is essential, for navigating the ever-changing media landscape.

AI and Machine Learning

How we create and share content is evolving with the help of artificial intelligence and machine learning. These technologies assist us in sorting through data, identifying trends, making recommendations, and even producing written material. News outlets are utilizing AI to enhance their coverage of news and sports events. Additionally, platforms such as Netflix use algorithms to recommend movies and shows based on viewers' preferences. This captivates audiences and customizes content to align with individual tastes.

Blockchain Technology

The media industry is starting to embrace technology to enhance security and transparency. With growing concerns about copyright issues and the reliability of content blockchain technology offers a solution to verify ownership and trace the origins of materials through its decentralized ledger system. This innovation protects rights and ensures that creators are fairly compensated for their work. A notable example is Audius which utilizes blockchain to allow artists to directly benefit from their creations while maintaining control over their content. Virtual Reality (VR) and Augmented Reality (AR) are transforming how we engage with media by providing experiences that go beyond traditional formats. VR immerses users in environments enabling them to view content from different perspectives. This technology finds applications in gaming, education and even news reporting making interactions more captivating. On the hand AR enhances world settings improving how people interact with their surroundings. The combination of VR and AR opens up possibilities for storytelling and audience involvement.

5G Technology

The way we consume media is set to change with advancements in technology and internet connectivity. The speed and low latency of 5G technology will enhance video streaming real time gaming and interactive experiences making them more enjoyable on the go without sacrificing quality. As 5G networks expand globally new opportunities will emerge for applications and user satisfaction will increase significantly. In the media landscape social media platforms play a role in sharing content and engaging with audiences. Platforms like Instagram, TikTok and YouTube have not transformed how content is shared but have also facilitated influencer marketing. With their large followings influencers offer brands a chance to connect directly with their target audiences in a meaningful way. This shift has revolutionized advertising strategies and opened up possibilities for creators and businesses alike.

Interactive and On-Demand Content

The increasing demand for content is transforming how media companies produce and share their creations. Services such as Hulu, Amazon Prime and Disney+ give viewers the freedom to enjoy films and series at their convenience without being tied to traditional broadcast schedules. Additionally features like on demand videos and live streams allow audiences to interact more actively with their entertainment preferences. These advancements signify a move, towards tailored and flexible approaches to consuming media.

Data-Driven Insights and Analytics

Media companies depend on studies and evaluations to understand the likes and habits of their audience. By examining data they can spot patterns in viewership for different shows evaluate how well their content performs and gain insights about the characteristics of their viewers. With this knowledge they can improve how they create share and distribute content. For example by identifying genres that strike a chord with audiences these firms can adjust their programming schedules to boost audience involvement.

Conclusion

Advancements and fresh concepts are transforming the way we consume and engage with media. Technologies like intelligence, blockchain, virtual reality, augmented reality and 5G are revolutionizing the media scene and changing our interactions with content. Staying updated on these shifts is crucial, for navigating this constantly changing environment. By adopting these trends both people in the industry and audiences can discover ways to stay ahead of the curve.

Coach Boost Gio

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This press release has also been published on VRITIMES

The Evolution of Media: Transformative Forces Shaping the Modern Media Landscape

  

The way media has changed over time is really impressive. Thanks to progress in technology changes in how people act and new ways of sharing content recent developments have transformed how we consume news and entertainment. Recognizing these changes is essential to staying relevant and influential in the current media scene.

Technological Progress The Age

Our interaction with content is always changing. The shift from traditional approaches to digital platforms has revolutionized the creation sharing and consumption of content. Thanks to smartphones, fast internet, and cloud technology media companies can now reach audiences worldwide. This change has led to the emergence of formats such as social media platforms podcasts and streaming services each providing distinct ways for viewers to connect with content.

The Rise of Social Media

Platforms like Facebook, Twitter, Instagram, and TikTok impact how we consume media. They do more than share content by promoting user posts and highlighting trending topics. With the power of media, people can express their views and showcase their creativity to a large audience. This shift has created an environment where influencers and independent content creators influence traditional media channels.

Content personalization and data analytics

In today’s age it’s crucial to customize content to align with individual tastes. Companies utilize information and tools to craft tailored experiences for their customers. A striking example of this trend can be found in services such as Netflix and Spotify which use algorithms to suggest movies or songs based on your past selections. Likewise, news apps personalize stories and articles according to your preferences. This move towards personalization has changed the way people perceive the significance and relevance of media.

The Emergence of Artificial Intelligence

The impact of intelligence is revolutionizing industries by boosting efficiency improving user experiences and harnessing data insights to forecast trends. In the media realm, these advancements are proving beneficial as AI contributes to creating news pieces movies and even music. Additionally, AI refines approaches to ensure that ads reach their intended audiences effectively. As AI technology continues to evolve its impact on the media landscape is set to expand presenting both obstacles and possibilities.

The Shift to Subscription-Based Models

The old way of making money through ads in the industry is running into challenges. Nowadays more and more people are opting for streaming services. Many viewers like watching their shows and movies without any interruptions. To meet this demand platforms such as Netflix, Disney+ and Hulu now have subscription plans that give access to a variety of movies and TV shows. Moreover, this trend has prompted traditional media companies to consider subscription models for news and online content. Well-known newspapers like The New York Times and The Washington Post are leading the way in this shift.

The Impact of Globalization

The way we consume content has been transformed by globalization making it simpler to access and share diverse cultural materials. Media companies now can reach audiences across the globe via streaming platforms instead of being confined to specific regions. This shift has provided viewers with choices and heightened competition, among content creators. Additionally, global media trends frequently impact markets leading to an interconnected and ever-changing media landscape.

The Challenge of Misinformation

Its concerning how misinformation and fake news are becoming more common these days. The quick sharing of news on social media and websites has made it easier for misleading or false information to reach many people. Tackling this issue requires steps like creating algorithms establishing content moderation rules and launching media education programs to assist people in assessing the information they come across.

Conclusion

The way we consume content is changing with the help of technology shifts in preferences and fresh concepts. Streaming services are gaining traction artificial intelligence is making its mark and there is an increased focus on tackling misinformation. These elements are influencing the landscape of the industry. To adapt to these transformations smoothly industry experts and viewers alike must keep themselves updated on these emerging trends as we navigate through this evolving landscape.

Coach Boost Gio

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This Press Release has also been published on VRITIMES

The Evolution of Media: Impact of Technology on News Consumption Habits

 

The emergence of media platforms and the impact of traditional news outlets on how we consume news highlight the importance of recognizing these shifts, for both audiences and media professionals. Over time the way we consume and interact with news has changed a lot. With the help of technology, our ways of getting and sharing information have been revolutionized.

Recently social media has become a popular way to share news. Sites like Twitter, Facebook, and Instagram allow users to quickly spread and find articles, videos, and updates keeping them up to date on current events through their feeds. However, despite its convenience social media raises issues about spreading false information and the trustworthiness of sources. News organizations are starting to use media to connect with audiences but they need to be careful to maintain accuracy and reliability. Similarly, streaming services such as Netflix and Hulu give viewers the chance to watch news documentaries and shows, at their own pace. These platforms often mix entertainment with informative content in their news programming. While streaming services provide a way to consume news they also face challenges in ensuring factual correctness and presenting diverse viewpoints. The shift towards streaming for news reflects changing audience preferences that favor content alongside traditional journalism.

The Role of Podcasts in News Delivery

Podcasts are now a way to catch up on the latest news. Many news organizations produce podcasts where they delve into subjects conduct interviews and offer their viewpoints on current events. This format enables a exploration of stories making it easier for listeners to stay informed. However striking a balance between bias and impartiality in reporting can be challenging in the podcasting realm. Nevertheless podcasts continue to be a preferred choice for news delivery due to their convenience and captivating storytelling that resonates with audiences. Social media platforms have also emerged as avenues for news dissemination. Sites like Facebook Twitter Instagram and TikTok enable users to swiftly share and receive news updates keeping them informed about breaking stories and trending topics. However the rapidity of information sharing raises concerns regarding the accuracy and reliability of news since false information can spread just as swiftly. News organizations and fact checking entities are actively addressing these issues to uphold the credibility of news shared on social media platforms.

The Role of Mobile Technology

The way we get news has changed a lot with smartphones and devices. Thanks to tech advancements people can now read articles whenever and wherever they want making it simpler to stay updated even on busy days. News apps and websites are user friendly and come with features like alerts to keep users in the loop about breaking stories. Additionally mobile devices allow us to consume news through formats like videos, podcasts and interactive articles making the news experience more engaging overall.

Personalization and Algorithmic Curation

In todays media landscape news is presented in a personalized manner. News outlets employ algorithms and thorough assessments to tailor content according to users previous online behavior and engagements. This approach helps people find articles that resonate with their preferences. However it has a drawback as it can lead to creating echo chambers where individuals predominantly encounter news that reinforces their preexisting views. This inclination may restrict exposure to perspectives and contribute to polarizing public sentiment.

The Emergence of Subscription Models

As ad revenue declines media organizations are exploring subscription models to bolster their financial standing. Subscribers can enjoy content without interruptions by paying a fee. This move towards subscriptions is driven by the need to safeguard journalism in the current environment. While these strategies offer a source of funding for news outlets they raise concerns about affordability and accessibility potentially restricting news coverage for certain groups.

The Impact of Podcasting and Audio

Podcasts are gaining traction as a way to stay updated on the news through audio formats that can be enjoyed at your convenience. News podcasts offer perspectives interviews and discussions on current events allowing listeners to engage with news stories in a more personalized and accessible way. The rising popularity of podcasting signifies a change in how individuals consume media seeking content that aligns with their preferences and lifestyle.

The Impact of Emerging Technologies

The way news is being delivered is being revolutionized by recent advancements like Artificial Intelligence (AI) and Virtual Reality (VR) technology. AI improves reporting analyzes data trends and customizes content based on personal preferences. On the hand VR provides immersive experiences that let users interact with events virtually. These innovations have the power to change how news is created and consumed by offering engaging ways for people to connect with and comprehend current events.

Conclusion

Throughout the years the way we receive news has evolved significantly due to technological progress. The rise of media platforms and personalized content has transformed how we access information. As we navigate this shifting terrain it’s crucial to recognize the impact of these changes on our capacity, to stay updated and make choices regarding news sources. Adjusting to these transformations while remaining aware of challenges such as misinformation will be essential, in nurturing an informed society and a varied media environment.
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About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs who are passionate about helping micro to macro-sized businesses market their services through effective digital marketing strategies- tailored for their brands.

This press release has also been published on VRITIMES

Donald Trump Vs. Kamala Harris, Who is More Pro Crypto?

Will Donald Trump Vs. Kamala Harris' candidacy in the 2024 US election have a positive impact on the crypto ecosystem? Read the full explanation in this article.

The United States presidential election has become a highlight among the crypto community. The reason is, that the United States is a region that often focuses on crypto regulations.

Therefore, the crypto community hopes that Donald Trump vs. Kamala Harris can get a detailed explanation of their plans for crypto regulation when they are elected.

Kamala Harris is considered to be more open to crypto if elected than her boss, Joe Biden. However, Kamala Harris remains behind Donald Trump, who from the start has paid full attention to the crypto ecosystem, even outspokenly wanting America to become a center for Bitcoin mining.

Donald Trump and His Interactions in the Crypto Ecosystem

Donald Trump is already “more experienced” in the crypto ecosystem than his opponent, Kamala Harris. Since his confirmation that he will be a presidential candidate in the 2024 US Election, he has been welcomed by the crypto community. Memes about him appeared to attract attention.

In his campaigns in various regions, Trump also loudly called for supporting cryptocurrencies and relaxing regulations. Last July, Donald Trump even promised to fire Gary Gensler, who is currently the head of the SEC. It is common knowledge that the SEC is often an obstacle to the development of the crypto ecosystem in America.

Increasingly gaining support from the crypto community, Trump is also increasingly strengthening his position to support the progress of cryptocurrency by becoming a figure who does it The first transaction is on a bar called PubKey. This transaction was carried out in mid-September and received a positive reaction from crypto circles.

Recently, Donald Trump also stole the attention of the crypto ecosystem by launching a platform called World Liberty Financial or WLFI. WLFI is a crypto platform that offers various financial activities, including lending, investment, and digital transactions.

Before its launch, WLFI even received more than 100,000 registrations and this fact is of course good news for Donald Trump in his candidacy in the 2024 US Election.

Kamala Harris and the Crypto Regulatory Framework

Not wanting to be left behind by Donald Trump, Kamala Harris also tried to attract the sympathy of the crypto community by stating that she also supports crypto. In her campaign in Erie, Pa., Kamala Harris outlined a big agenda in which she discussed Harris' substantive policies on cryptocurrencies.

There is a crypto regulatory framework there. However, Harris did not explain in detail how he would create the regulatory framework.

There is no mention of Bitcoin, blockchain, or other digital assets in the regulations proposed for the crypto ecosystem. Due to this, the crypto community feels disappointed with Kamala Harris.

Conclusion: Trump Vs. Harris, Will Crypto Get the Benefit in the End?

No matter how sweet Donald Trump's promises are and how Kamal Harris provides evidence of his support for crypto, the crypto community must remain careful about the existing political system. Every crypto observer must provide neutral criticism and suggestions without leaning towards either candidate to the extreme.

Policy in America will always be the basis for how crypto tokens are traded so that the results of the US election will determine future crypto developments. 

You can do comprehensive analysis and research when you want to buy a coin. Know Bitcoin price, Ethereum, XRP, Solana, USDT, and other tokens. Use features on a trusted global exchange website, such as Bitrue, to find out crypto market conditions in real-time.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Crypto Market is in the Green Zone, Here's the Condition of 5 Major Tokens!

Most crypto tokens are experiencing price increases today. How are the 5 major crypto tokens doing? Are they also experiencing increases?

October is known as an exciting month for the crypto community due to its #Uptober tradition. This year, it is predicted that #Uptober will come in mid-October. And today, it is proven that the crypto ecosystem is in the green zone with the majority of tokens experiencing price increases.

In this article, we will discuss the condition of the 5 major tokens in the crypto ecosystem, namely Bitcoin, XRP, Solana, Ethereum, and USDT. These five tokens are often a guide to conditions in market crypto. Because, when the five experience an increase or decrease, it will definitely have an impact on other tokens.

Price Increase for 5 Major Tokens

The crypto community is experiencing excitement today because major tokens in the crypto market are experiencing price increases. Starting from Bitcoin, XRP, Ethereum, Solana, to Tether USDT, their prices have increased and reached their respective target price levels.

Bitcoin today is at the $65,000 level Moreover, it was even traded at more than $66,000 as its highest price in 24 hours. This increase is a breath of fresh air because Bitcoin experienced a price decline for quite a long time after its halving moment.

Ethereum, which is always seen as pessimistic because its price continues to fall, today also experienced a price increase of 2.11% and is now trading at $2,596.

Solana may only see a 0.26% gain. However, the SOL token price currently exceeded its resistance price of $148,500 and is now trading at $153.39.

XRP also increased by a similar percentage to Solana, namely 0.26% and is now at $0.541. USDT experienced the smallest price increase, namely only 0.03% and was trading at $1.00.

Rising Crypto Market Prices Sign of the Coming of #Uptober?

Many analysts predict #Uptober 2024 will come in mid-October after two weeks of stagnant crypto tokens at boring prices. With the increase in 5 major tokens today, it seems that this prediction is true.

Historically, #Uptober has never come directly at the beginning of October. In general, #Uptober only arrives in mid-October or even arrives in November. However, optimistically, the crypto market increase always comes in Q4 every year.

Several major crypto tokens have passed their resistance prices. If these prices persist long enough, a bullish trend for each token is bound to occur. If a major token experiences a bullish moment, it is not uncommon for other tokens to also be affected and experience increases as well.

Conclusion

That is an explanation of today's crypto market conditions. You can continue to follow developments in information about the crypto ecosystem, starting from finding out Ethereum price, Bitcoin, XRP, Solana, USDT and various other meme-coins and tokens, Bitrue provides real time data for you.

You can even check price conversions from BTC, ETH, XRP, SOL, etc. from USDT to USD easily on the Bitrue website. The Bitrue blog also provides the latest information through articles written in real time, so you can follow crypto market conditions every day.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Creating a legitimate party-list group in the Philippines

Wazzup Pilipinas!?

To create a legitimate party-list group in the Philippines, the requirements and process are outlined by the Commission on Elections (COMELEC). Here’s an overview:


1. Qualification of the Group

The group must represent marginalized and underrepresented sectors such as labor, peasantry, fisherfolk, urban poor, indigenous peoples, and others.

 

However, non-marginalized groups like professionals can also form a party-list under certain conditions.

The party must not advocate violence or be connected with any organization that seeks to overthrow the government.

2. Filing of Petition for Registration

The group must file a petition with COMELEC for accreditation as a party-list organization. This is done during a specific period before an election.

The petition must include the name, acronym, and platform of the party, along with supporting documents proving its existence and legal standing.

3. Organizational Structure

The party-list must have a national membership base and an organized structure, which includes a constitution and by-laws.

The officers and members of the group must represent the sector they claim to serve.

4. Proof of Sectoral Representation

The organization must submit a list of members, including proof that these members belong to the sector they claim to represent.

There must be a nominee who will sit in Congress if the party-list wins. This nominee should come from the sector the group represents and be a bona fide member of the organization.

5. Nominee Requirements

Nominees must be Filipino citizens, registered voters, and bona fide members of the party-list.

They should not have been convicted of any crimes involving moral turpitude.
They must submit a Certificate of Nomination and Acceptance (CONA) to COMELEC.

6. Electoral Performance

A party-list must garner at least 2% of the national vote to secure a seat in the House of Representatives.

Additional seats are awarded depending on the number of votes received, up to a maximum of three seats.

7. Financial Requirements

The organization must file financial reports with COMELEC, including the party’s statement of contributions and expenditures, during and after the election period.

By following these requirements, a party-list can become a legitimate participant in Philippine elections.

"Any organized group of persons may register as a party, organization or coalition for purposes of the party-list system by filing with the COMELEC not later than ninety (90) days before the election a petition verified by its president or secretary stating its desire to participate in the party-list system as a national, regional or sectoral party or organization or a coalition of such parties or organizations, attaching thereto its constitution, by-laws, platform or program of government, list of officers, coalition agreement and other relevant information as the COMELEC may require: provided, that the sectors shall include labor, peasant, fisherfolk, urban poor, indigenous cultural communities, elderly, handicapped, women, youth, veterans, overseas workers, and professionals.The COMELEC shall publish the petition in at least two (2) national newspapers of general circulation.The COMELEC shall, after due notice and hearing, resolve the petition within fifteen (15) days from the date it was submitted for decision but in no case not later than sixty (60) days before election."

UP KEM launches 15th Students’ National Chemical Engineering Conference

Wazzup Pilipinas!?




University of the Philippines Chemical

Engineering Society, Inc. (UP KEM)

welcomes the 15th Students’ National

Chemical Engineering Conference

(SNCEC), the premier and flagship

national conference for chemical

engineering students on November 16

and 17, 2024.



With this year’s theme of Unwrapped:

Materializing Sustainability and

Innovation within the Packaging

Industry, UP KEM’s flagship

conference invites all chemical

engineering students to widen

horizons and open the doors to the

many opportunities in the field of

chemical engineering.



SNCEC event consists of three major

sub-events that pioneers connections

between students and engineers.

National Chemical Engineering

Symposium (NACHES) is a symposium

that immerses the future of chemical

engineering into the limitless

possibilities of packaging as a catalyst

for innovation and sustainable

solutions. With this year’s theme of

packaging sustainability, NACHES

champions new innovations within the

field of chemical engineering.

Students’ Chemical Engineering

Networking Event (SCENE) is the

premier networking event that

connects students to the industry’s

best engineers and company

representatives across various

expertise – from food production,

pharmaceuticals, petroleum and

energy, and manufacturing. SCENE

brings opportunities to the forefront

by presenting the nation’s best. This

dinner-mixer opens aspiring chemical

engineers to multinational

opportunities.

 

Inter-University Chemical Engineering

Quiz Show (Inter-U) is a celebration of

the brightest minds among the nation’s

chemical engineering students. Inter-U

is a challenge aimed to test the

knowledge and proficiency of chemical

engineers in engineering and sciences.

All who are eager to pioneer the future

of chemical engineering may sign up

through bit.ly/SNCEC2024Reg.

Film Review: Outside (2024) Directed by Carlo Ledesma

Wazzup Pilipinas!?




Netflix Philippines released its first "zombie" film, Outside, directed by Carlo Ledesma and written by Anton Santamaria. What appeared to be a thrilling new entry into the zombie genre turns out to be more of a dramatic family struggle with psychological undertones, with the actual undead playing a minor role. It’s a bold concept—one that could have used the family’s dysfunctional dynamics and the horror of zombies to make a powerful statement about trauma. However, while the film has potential, it ultimately leaves much to be desired in delivering a cohesive and impactful narrative.

An Unbalanced Focus

The most glaring shortfall of Outside is its imbalance between psychological drama and the zombie apocalypse that serves as its backdrop. While the family struggles are central to the plot, the movie could have been more engaging if the zombies were used as metaphors to highlight the traumas each character endures. Instead, the undead creatures remain in the background, a largely wasted opportunity to explore deeper psychological themes. Traumas and zombies are a natural pair, capable of amplifying each other, but here, the film leaves you wanting more from both aspects.

This lack of balance weakens the tension and intensity that are essential in both horror and trauma narratives. With the zombies lurking around but doing little to progress the plot or develop the characters, the film fails to fully realize the emotional and thematic potential that the genre mash-up could have delivered. It’s less of a zombie apocalypse and more of a family therapy session—with the occasional ghoul popping in for ambiance.

Unnecessary Length and Pacing Issues

Another issue with Outside is its running time. The film drags, especially in its middle act, where it often feels like scenes stretch longer than necessary without advancing the story. Viewers may find themselves asking, “When will this end?” The pacing issues diminish the potential emotional payoff, and the film could have been more impactful if it had trimmed some of its slower moments. An overly lengthy runtime for a movie that’s supposed to deal with tension and horror is a disservice, as the suspense should build, not wear thin.

Additionally, the anti-climactic nature of the third act leaves the audience feeling unsatisfied. Had the earlier acts been more concise and tension-filled, the conclusion could have packed more of an emotional punch, especially when dealing with trauma. Instead, the ending presents a resolution that some viewers may find unsympathetic or even harmful for those who have personal experience with trauma.

The “Lulu” Controversy

An unexpected scene involving Marco Masa's character, where he masturbates to a picture of his girlfriend on his phone, sparked considerable discussion online. While some argue it's reflective of reality, others question whether it was necessary for the narrative. It stands out not just because of its controversial nature, but because it doesn’t add much to the film’s broader themes. Was it needed? That’s up for debate, but it’s one of the moments that seemed to grab attention for the wrong reasons, pulling focus away from the more significant struggles the characters are facing.

Strong Performances Amid a Weak Narrative

Where Outside excels is in its ensemble cast, whose performances make the film watchable despite its flaws. Sid Lucero stands out as the father whose internal and external battles define the film’s title. Lucero’s commitment to his role is evident, as he gives a raw and palpable portrayal of a man on the verge of breakdown, both psychologically and emotionally. His acting is among the film’s strongest points, carrying much of the weight of the story.

Marco Masa also delivers a commendable performance, establishing himself as a promising dramatic actor. He brings an emotional depth to his character, despite the controversy surrounding one of his scenes. Meanwhile, Aiden Patdu, once known as a child star, steps into a more mature role with ease, marking a significant moment in his career.

Beauty Gonzalez, with her growing experience in horror films, proves she’s a versatile actress. Her vulnerability, paired with her natural beauty, works well within the horror genre, making her a rising star in Philippine cinema. Together, the cast creates a few emotional moments that stand out, thanks largely to their convincing performances and the help of well-crafted musical scoring.

Visually Striking, But Not Scary

Despite its issues with pacing and narrative, Outside is a visually polished film. The cinematography is glamorous, even when it should be terrifying. While the zombie makeup and effects are well done, their limited screen time prevents them from making a lasting impact. The film’s aesthetic is pleasing, but when it comes to horror, you need more than just visual beauty—you need suspense, terror, and a sense of dread that keeps you on edge. Unfortunately, Outside is more dramatic than thrilling, a choice that ultimately weakens the overall experience.

Final Verdict

Outside had the potential to be a unique and thought-provoking blend of psychological drama and zombie horror, but it falls short due to its unbalanced focus and underutilized zombie element. It’s more of a family drama than a true horror film, and while the concept is intriguing, the execution fails to live up to expectations.

For those looking for a gripping and traumatic horror experience, Outside may leave you underwhelmed. However, the film’s performances, especially by Sid Lucero, Marco Masa, and Beauty Gonzalez, offer a silver lining. The actors breathe life into an otherwise tepid narrative, making Outside worth watching if only for the cast’s commitment to their roles.

Outside may look good on the surface, but it lacks the depth and terror needed to make it a standout in the zombie genre. It’s a film that will make you think about trauma and family struggles but won’t leave you traumatized by the experience.

Released on Netflix PH on October 17, 2024.

Marian Rivera's Wisdom: A Role Model for Celebrities Eyeing Public Office

Wazzup Pilipinas!?

Marian Rivera will not run for public office because she knows and accepts her limitations that she doesn't have the proper knowledge and experience to effectively become a public servant unlike others who simply want power and the high salary and benefits that comes with the authority. Registered voters must be aware and keep in their mind that movie stars are only for movies and not for politics! 

THE HOUSE OF REPRESENTATIVES MUST MAKE A LAW IMMEDIATELY REQUIRING ALL CANDIDDATES FOR LOCAL AND NATIONAL GOVERNMENT POSITIONS FEOM BARANGAY KAGAWAD UP TO THE PRESIDENTIAL POSITION MUST BE A GRADUATE OF A CERTAIN LAW COURSE AND MUST BE A DEGREE HOLDER rather than just a wealthy and influential individual or either a movie star known because of their movie roles that makes registered voters vote for them not knowing the consequences after they won the position!


Marian Rivera, one of the Philippines' most beloved actresses, has made a wise and refreshing statement recently: she has no intention of running for public office. In an age where numerous celebrities have entered politics, sometimes with questionable results, Rivera stands out by acknowledging her limitations. She understands and accepts that she lacks the proper knowledge and experience to effectively serve as a public servant, unlike others who may be driven by the allure of power, high salaries, and the prestige that comes with political authority.

This self-awareness is something many voters should take note of as the election season draws closer. Marian’s decision not to enter politics should serve as an example to others, especially her peers in the entertainment industry, who may be tempted to jump into public service without fully grasping its demands. Her humility contrasts sharply with the ambitions of some public figures, who, despite lacking the qualifications and know-how, still seek positions of power simply because they have influence and wealth.

Celebrities in Politics: A Trend That Needs Re-evaluation

Over the years, the Philippines has seen an influx of movie stars and entertainers transitioning to politics. While a few have proven themselves capable, many have struggled to manage the complexities of governance. The issue at hand is not just about celebrities entering politics, but the idea that popularity and fame, often gained through movie roles, can overshadow actual competence.

The reality is that governing a city, municipality, or even a nation requires a deep understanding of policy, law, economics, and leadership. The nuances of governance go beyond the superficial roles played on-screen. Unfortunately, the charisma and on-screen heroism of movie stars often cloud the judgment of voters, leading to the election of individuals who may not be fully equipped to handle the responsibilities of public office.

The Need for Qualifications in Politics

Given the challenges the nation faces—from economic recovery to complex international relations—it’s crucial that our leaders possess the right educational background and experience. It is time for the House of Representatives to seriously consider legislation that requires all candidates for local and national government positions, from Barangay Kagawad up to the presidency, to meet certain educational standards.

A proposal worth exploring is requiring candidates to hold at least a degree in law or a related field that equips them with the skills necessary for public service. Governance is not a popularity contest; it is a job that requires specific knowledge, problem-solving abilities, and a deep understanding of legal and societal structures.

Why Educational Requirements Matter

A degree in law, public administration, political science, or a similar field provides a strong foundation for anyone aspiring to serve in government. These courses instill critical thinking, a deep understanding of governance systems, and the ability to draft and interpret laws—skills essential for anyone responsible for leading a community or country.

Moreover, educational requirements would ensure that those running for office are prepared for the technicalities of lawmaking, public policy development, and crisis management. It would prevent the election of individuals whose primary qualifications are their wealth or celebrity status, rather than their expertise in governance.

The concept is not about elitism but ensuring that the people entrusted with the country’s future have the competence and skills to guide it forward. Requiring government officials to meet these educational standards would filter out candidates who rely solely on fame or fortune, ensuring that voters are presented with a pool of individuals who are genuinely capable of public service.

A Call for Responsible Voting

At the heart of this issue is voter awareness. It is crucial that registered voters keep in mind that movie stars are best suited for the entertainment industry and not necessarily for politics. Voters should be critical when casting their ballots, understanding that the qualities that make someone a great actor or actress do not necessarily translate into effective leadership.

By implementing stricter requirements for political candidates, such as mandating specific degrees, we can ensure that the people elected to office are not only popular but also prepared to serve the public with competence, integrity, and genuine dedication.
Conclusion

Marian Rivera's decision not to pursue a political career, despite her widespread popularity, should be a wake-up call. Her recognition that she doesn’t have the necessary experience or education to be a politician reflects the wisdom and self-awareness that many public figures should aspire to. It’s time for lawmakers to take a hard look at who is running for office and consider legislation that prioritizes qualifications over fame.

As the election season approaches, voters must be vigilant and discerning, ensuring that their chosen leaders are not only well-known but well-prepared. In doing so, we can pave the way for a government that is not just popular but truly capable of serving the nation.

IDDB Officially Becomes the Pioneer of the First Tokenization Project in Indonesia to Receive Approval from the OJK Sandbox

PT Sejahtera Bersama Nano (SBN) has officially made history by becoming the first token issuer in Indonesia to receive approval from the Financial Services Authority (OJK) for a crypto asset tokenization project with underlying government bonds. The ID Digital Bonds (IDDB) issued by SBN have officially become the first government bond tokenization project listed in the OJK Sandbox, based on approval letter No. S-514/IK.01/2024 dated October 8, 2024.

This project is an innovative step to digitize bond instruments using blockchain technology. The tokenization project allows bonds, which typically have a high initial purchase requirement, to be split into crypto assets that can be widely traded through digital platforms. This expands access for both retail and institutional investors to invest in government bonds more easily.

According to a report from Boston Consulting Group (BCG), the market value of tokenized assets, including bonds, is projected to increase significantly in the coming years. The report states that the global real-world asset tokenization market is expected to grow to a total value of over $16 trillion by 2030, encompassing bond, property, and equity tokenization. Tokenization technology broadens access for retail and institutional investors, enhances efficiency and transparency, and reduces asset trading costs.

Gumarus Dharmawan William, Chief Executive Officer of PT Sejahtera Bersama Nano (SBN), stated, “This is a significant step for Indonesia. The OJK has made history as the first financial regulator in Indonesia and even Southeast Asia to allow the implementation of a government bond tokenization project. PT Sejahtera Bersama Nano, through its product, ID Digital Bonds (IDDB), has now officially entered the OJK sandbox and become a pioneer in Indonesia with INDON34 bonds as the underlying asset.”

Previously, the INDON34 bond series denominated in US dollars could only be accessed by investors with a minimum purchase of $200,000 (approximately 3.1 billion Rupiah). With tokenization through IDDB, access to this instrument becomes broader, with a minimum purchase of only $1,000 (approximately 15.5 million rupiah) per token, making IDDB tokens more inclusive for investors from various segments of society.

“The tokenization innovation we present with IDDB is a strategic step to bring change to the bond market in Indonesia. We are proud to collaborate in creating this product, which is expected to increase capital inflow into the country and support Indonesia's economic growth,” said Billy Surya Jaya, President Director of Nanovest.

Over the next 12 months, IDDB will undergo a testing phase in the OJK Sandbox before receiving full regulation. This project is the result of collaboration between SBN as the token issuer, Nanovest as an Indonesian crypto exchange with a current license as a prospective physical crypto asset trader (CPFAK), STAR Asset Management as the investment manager partner, and Bank Sinarmas as the custodian.

Hanif Mantiq, Director of Star Asset Management, acting as the investment manager partner in this project, said, “This tokenization innovation proves that crypto and government bonds can harmoniously synergize, offering safer and more affordable investment options. Crypto investors now have the opportunity to invest in government bonds with the same ease as when they invest in crypto assets. This emphasizes that although crypto investment is becoming more popular, government bonds remain relevant and attractive to young investors.”

This tokenization project not only aims to modernize Indonesia’s capital market but also seeks to increase financial inclusion, opening opportunities for more investors, both domestic and international, to participate in financial instruments in Indonesia. For more information about ID Digital Bonds and the development of this project, visit https://www.iddb.finance/id.

About NANOVEST

About SBN (PT Sejahtera Bersama Nano)

ID Digital Bonds - IDDB (PT Sejahtera Bersama Nano) is a developer of innovation and adoption of blockchain technology by prioritizing transparency and security. PT Sejahtera Bersama Nano is developing real-world asset tokenization in the form of IDDB tokens (ID Digital Bonds) as one of the innovations in implementing blockchain.

About Nanovest (PT Tumbuh Bersama Nano)

Nanovest (PT Grow Together Nano) is an application-based platform that makes it easier for customers or users to make digital asset transactions, including US stocks, crypto assets, and digital gold. We aim to revolutionize the way young people invest to achieve their financial freedom. We are officially registered with the Commodity Futures Trading Supervisory Agency (BAPPEBTI).