Venom Blockchain Boosts Digitization In The Philippines

 

Venom Foundation, developer of the Venom Blockchain, together with global company, Miquido, will work on digitization efforts championed by the government.

Experts estimate that digitalizing the economy could lead to an annual GDP growth of one to two percent, which means billions of dollars in additional revenue that could boost the economy, help improve the quality of life of Filipinos and develop infrastructure.

The National Printing Office (NPO), which is working on its own digitalization roadmap, is expected to benefit from the digitization efforts, as in the country, at least 6.5 billion receipts are being printed annually.

Most of the receipts are issued in accordance with the requirements of the Bureau of Internal Revenue, which is regulating the issuance of official receipts and commercial invoices through the Electronic Invoicing System that has been introduced to reduce VAT fraud and improve tax collection and administration.

President Ferdinand “Bongbong” Marcos Jr. has pressed for full digitalization under his administration to provide better services for Filipinos and eradicate corruption.

According to President Marcos, digitizing government records and services would help support its science-based planning and decision­ making, as well as improve business transactions.

The NPO headed by Director Renato Acosta is moving towards digitizing accountable forms. Approximately more than 10 billion accountable forms are printed annually.

Looking into and possibly using the Venom Blockchain and the Miquido technology stack, the NPO can transition to the issuance of electronic forms to not only reduce printing and processing costs, but also increase transparency and security of financial transactions. Venom Blockchain proved it is superior to other blockchain platforms like Hyperledger, Ethereum and R3 Corda.

Implementing blockchain technologies specifically in government processes helps to increase transparency, reduce corruption, and improve data management. This will not only strengthen the economy but also increase the people’s trust in government institutions.

Transitioning to electronic receipts based on Venom Blockchain technology will not only reduce printing and processing costs, but will also increase transparency and security of financial transactions.

Venom Blockchain technology is known for its security, scalability, and efficiency. Venom focuses on distributed ledgers, CBDCs (central bank-backed digital currencies), and asset tokenization.

Several countries have already chosen the Venom Blockchain for the digitalization of their economies, including the creation of digital currencies, data management, and the development of private blockchains for government and corporate needs.

Venom Foundation aims to bring transparency and innovation to the industry as a leading global blockchain company. It endeavors to provide infrastructure to governments and web3 projects while empowering emerging economies in the Middle East and North Africa with its unique technology.

On the other hand, Miquido’s rich technology stack enables a smooth and reliable digital transformation by providing comprehensive services that embed technology into business. Its expertise in Android, iOS, cross-platform, front-end, back-end, and even artificial intelligence development suit the requirements of governments and the private sector.

Miquido is a Google-certified software development company based in Europe. It is a one-stop software development company that aims to solve business challenges with cutting edge technology and data-driven research. Among its notable clients include BNP Paribas, a top-tier European and international banking establishment, and Skyscanner, a global leader in travel services.

About Venom Foundation

Venom is a multi-blockchain network being a basis for scalable Web3 applications in the DeFi and Global Payments markets.

This press release has also been published on VRITIMES

UTOL, An All-Filipino TNC Company Expands to Iloilo

 

Imagine sipping your morning coffee from a mug that perfectly captures a cherished moment or a beloved quote. At Hedgehog Mugs, we transform these imaginations into reality. Specializing in personalized mugs, our printing business caters to gifts, souvenirs, and unique keepsakes that leave a lasting impression.

Founded with a passion for creativity and personalization, Hedgehog Mugs was born out of a love for unique, meaningful gifts. Our founder, Jerica Jean Clamor has always been into arts and crafts, she realized the joy that a custom mug can bring to someone's day. Whether it’s a birthday, anniversary, or just because, our personalized mugs make every moment special.

Our Mission and Vision

Mission: To provide personalized printing solutions that inspire creativity. We are committed to delivering exceptional service and unparalleled craftsmanship, ensuring each product is a unique and cherished piece.

Vision: To be known for our dedication to quality, creativity, and customer satisfaction. We aspire to expand and distribute our merch to stores that would empower individuals and businesses to express their unique stories and celebrate their special moments.

What We Offer

Variety of Mugs: From classic ceramic mugs to travel mugs, stainless steel mugs and magic mugs that reveal designs when hot, our selection caters to every preference.

Personalization Options: Whether it’s a photo, a name, a special date, or a heartfelt message, we provide endless customization possibilities.

Special Features: Our mugs are not just beautiful but also functional. We use high-quality, durable materials that are microwave and dishwasher-safe, ensuring your custom designs last.

The Process: From Concept to Creation

Creating your personalized mug is simple and fun:

Choose Your Mug: Select the type and style of mug that suits your needs.

Design Your Mug: Upload your photos, add text, and choose from our range of templates and designs.

Place Your Order: Once you’re satisfied with your design, place your order, and we’ll take care of the rest.

Quality Assurance: Every mug goes through a rigorous quality check to ensure it meets our high standards before it reaches you.

Why Choose Hedgehog Mugs?

What sets us apart is our commitment to quality, creativity, and customer service. We believe that every mug tells a story, and we are dedicated to making that story special. From innovative designs to eco-friendly practices, we strive to be a business that our customers can trust and love.

At Hedgehog Mugs, we believe in the power of personalization. Our custom mugs are more than just drinkware; they are tokens of love, memories, and joy. Join us in celebrating life’s special moments, one mug at a time.

Coach Boost Gio and Kwento Co

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

Bringing Memories to Life: The Story of Hedgehog Mugs

Wazzup Pilipinas!?


His Excellency President Ferdinand R. Marcos Jr. appoints Dir. Noel V. Dacasin as the newest addition to the Philippine Postal Corporation (Post Office) Board of Directors. Director Dacasin is currently the Postmaster of the Manila Central Post Office.

He was sworn as a member of the Board of Directors by Chairman and Postmaster General/CEO Michael F. Planas.

For the last 39 years, Dacasin has served in various positions and became a familiar face in the Post Office Mail Operations Area. He started as emergency laborer in 1985, and rose from the ranks as mail sorter, clerk, chief, air parcel section, over-all supervisor of then Airmail Distribution Center, chief of customer service, Acting operations manager of Central Mail Exchange Center and Acting Manager of Express Mail Service.

He also served in various capacities as Postmaster in the cities of San Juan City, Mandaluyong, Paranaque, Taytay Rizal, Postmaster VI- Las Pinas City and Manila Central Post Office to date

Director Dacasin earned his Bachelors of Arts degree Major in Political Science at Arellano University in Manila and hold a Master’s degree in Professional studies major in Public Administration at Cavite State University. He passed the CSC Career Service Professional on October 20, 1991 with an average of 84.42%.

He is a recipient of the Outstanding Student Award at the Asia Pacific Postal Training Center in Bangkok, Thailand. He attended the People Development & Postal Industry Workshop Ideas Innovation facilitated by Derek Obsome and Postmaster’s Training Course conducted by the Post Office.



Director Dacasin is expected to bring at the Post Office more than three (3) decades of leadership and professional experience in postal service and mail operations management which will help the current administration to innovate its services in order to adapt to the changing landscape and remain relevant in an increasingly digital economy.