Kaalaman : Philippines Launches Blockchain App to Distribute Government Bonds

jaypiepie

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unti unti ng nakikilala ang blockchain dito sa pilipinas dahil sa panahon ngayon ng krisis at talagang pabagsak na ang ating ekonomiya kaya sa aking palagay ay naisipan na nila gawing lehitimo ang bitcoin sa iba pang paraan upang makadagdag sa paglago ng ating ekonomiya

Debonaire217

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Quote from: geyayy on September 17, 2020, 12:13:14 PM

Nagulat ako nung lumabas itong balitang ito, hindi ko pa nakikita na ang bansa natin ay makakasabay na sa mundo ng crypto currency, lalo't ang unang pumapasok sa isip ng mga Pilipino na scam ang bitcoin o ang crypto. Maraming interesado, ngunit mababaw ang nalalaman at ayaw matuto sa tamang paraan, gusto lahat ay sa mabilisang pamamaraan. Kaya hindi na ako magtataka kung bakit marami satin ang naloloko. Tungkol naman sa pag-aadapt ng ating bansa dito, kailangan sigurong pag-aralan pa nilang maigi ito para maging transparent naman sila tungkol sa government bonds na meron tayo.

Kadalasan kasi sa mga pilipino ay gusto ng easy money, kumbaga kanila ang perang ilalabas pero iba ang magpapalago. Ang cryptocurrency na mismo ang nag adjust para maresolba ang ganitong klase ng investment lifestyle ng mga pilipino pero mayroon paring talaga na ultimo binance investment ibang tao pa hahawak.

If we really want to earn in cryptocurrency, hindi mo kailangan ng iba dahil the more na pinagkakatiwala mo pera mo, bumababa ang chance na kumita ito dahil posible itong mawala sa kamay ng mga mapanlinlang. Hindi ko nilalahat pero hindi naman lahat ng nasa trading ay kumikita at nananalo. Kung matalo man ang trader, mahirap bawiin ang investment, nga nga nalang tayo.

Pero kung tayo ang may hawak ng pera natin at tayo ang nag iinvest, walang masamang magiging imahe ang crypto dahil risk what you can afford to lose. Pag natalo ang investment tayo ang may kasalanan hindi natin sisisihin ang crypto as a whole.

geyayy

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Nagulat ako nung lumabas itong balitang ito, hindi ko pa nakikita na ang bansa natin ay makakasabay na sa mundo ng crypto currency, lalo't ang unang pumapasok sa isip ng mga Pilipino na scam ang bitcoin o ang crypto. Maraming interesado, ngunit mababaw ang nalalaman at ayaw matuto sa tamang paraan, gusto lahat ay sa mabilisang pamamaraan. Kaya hindi na ako magtataka kung bakit marami satin ang naloloko. Tungkol naman sa pag-aadapt ng ating bansa dito, kailangan sigurong pag-aralan pa nilang maigi ito para maging transparent naman sila tungkol sa government bonds na meron tayo.

iyamoxjhian

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Sana talaga..nakakaexcite kasi magandang introduction ito sa Cryptocurrency world para sa mga hindi pa nakakaalam lalo na ang mga pinot ay mahilig sa negosyo..infact andaming online sellers feeling ko nga ako na lang hindi nagbebenta..tagabili lang

jademaxsuy

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Quote from: maxreish on July 27, 2020, 08:03:40 PM

Sa wakas, mayroon na rin talagang legit kung saan pwedeng mag invest ang mga kababayan natin thru this new platform and since it was created by the Unionbank together with PDEA and our government, makakasiguro tayong hindi ito scam katulad ng mga ibang investment schemes.

Quote from: https://cointelegraph.com/news/philippines-launches-blockchain-app-to-distribute-government-bonds

The application will allow national citizens to easily invest in retail treasury bonds for as little as 5,000 Philippine pesos (~$100). App users will be able to make instant payments using internet payment services such as InstaPay, GCash and Paymaya.

Already searching the app to download kaso hindi ko mahanap sa playstore.
Sana ay pwede rin kahit 2000php for a starter na gusto lang munang sumubok. But anyway, this is indeed a good move at nakikita kong magiging maganda ang takbo ng investment app na ito.

Sana may update dito para naman malaman natin kailan sila mg lalaunch ng blockchain app. Pero sa aking palagay mas maganda kung ang pundo mismo ng gobyerno ay gawin nilang centralized na crypto para ipamahagi sa pagbabudget. Makikita natin dito kung paano nila nagastos ang pundo ng taong bayan at pwde na ring hindi na mg paperworks pa or mababawasan ang paperworks ng dahil sa blockchain. Sana makaisip si PDuterte nito bago matapos ang kanyang termino. Sa tingin ko kokonti na lng siguro ang mga kurakot dahil may transaparensiya na tayong makikita sa pundo ng gobyerno. Mapapasana All siguro tayo kung ganito ka ganda ang takbo ng gobyerno sa mga gastusin at masisiguradong aabot sa bayan ang perang nakalaan para sa mga tao at hindi iikot lng sa bulsa ng mga politiko.

maxreish

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Sa wakas, mayroon na rin talagang legit kung saan pwedeng mag invest ang mga kababayan natin thru this new platform and since it was created by the Unionbank together with PDEA and our government, makakasiguro tayong hindi ito scam katulad ng mga ibang investment schemes.

Quote from: https://cointelegraph.com/news/philippines-launches-blockchain-app-to-distribute-government-bonds

The application will allow national citizens to easily invest in retail treasury bonds for as little as 5,000 Philippine pesos (~$100). App users will be able to make instant payments using internet payment services such as InstaPay, GCash and Paymaya.

Already searching the app to download kaso hindi ko mahanap sa playstore.
Sana ay pwede rin kahit 2000php for a starter na gusto lang munang sumubok. But anyway, this is indeed a good move at nakikita kong magiging maganda ang takbo ng investment app na ito.

Theb

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Quote from: goaldigger on July 26, 2020, 09:31:32 AM

Quote from: samcrypto on July 25, 2020, 11:08:07 PM

Yes Bonds.Ph works perfectly as expected with Unionbank.

Mostly, ang mga private companies ay nagiissue ng bonds so they can collect more funds to support their business and same lang sya with the government bonds.

Super safe ang bonds investment since may fixed interest rate sya and hinde ka talaga malulugi dito not unless mas mataas ang inflation rate compare sa bond rate. I suggest to invest more on MP2 program ng pagibig which is mas malaki yung interest rate nya and sure profit talaga ito.

Marami ren akong nakikitang mga comment na mas ok pa talaga ang MP2 kesa sa bonds na ito pero para sa akin naman ay dipende talag ito sa risk tolerance mo and kung wais ka sa pag iinvest, kikita ka talaga dito.

Nangunguna talaga ang Unionbank sa pagdevelop ng online services especially using blockchain technology, sana maraming project pa silang ilabas gamit ang blockchain at patuloy na ipakilala sa Blockchain sa Pilipinas.

I just visited the FAQs page ng MP2 program ng pag-ibig and tama kayo na mas malaki yung kikitain niyo dahil ang annual dividend rate nila is 7.65% which is considerably bigger kumpara sa 2.625% na binibigay ng RTBs what's different though is yung one time payment option nila for 1,000,000 Pesos dahil it has a annual payout of 75,000 pesos per year which can give you a total earning of 375,000 for five years bukod pa dun tax-free ang dividends nito. Mukhang magandang option ito para sa mga low-risk investors na gusto ng passive way para kumita yung pera nila.

goaldigger

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Quote from: samcrypto on July 25, 2020, 11:08:07 PM

Quote from: bisdak40 on July 21, 2020, 07:27:50 AM

Have installed Bonds.Ph on my cell phone at mukhang okay naman siya, meron lang akong tanong tungkol dito kabayan.

Saan po tayo makakita ng ibang link patungkol sa ganitong investment?

Okay po ba ang bond investment sa ganitong panahon na may pandemic?

Yes Bonds.Ph works perfectly as expected with Unionbank.

Mostly, ang mga private companies ay nagiissue ng bonds so they can collect more funds to support their business and same lang sya with the government bonds.

Super safe ang bonds investment since may fixed interest rate sya and hinde ka talaga malulugi dito not unless mas mataas ang inflation rate compare sa bond rate. I suggest to invest more on MP2 program ng pagibig which is mas malaki yung interest rate nya and sure profit talaga ito.

Marami ren akong nakikitang mga comment na mas ok pa talaga ang MP2 kesa sa bonds na ito pero para sa akin naman ay dipende talag ito sa risk tolerance mo and kung wais ka sa pag iinvest, kikita ka talaga dito.

Nangunguna talaga ang Unionbank sa pagdevelop ng online services especially using blockchain technology, sana maraming project pa silang ilabas gamit ang blockchain at patuloy na ipakilala sa Blockchain sa Pilipinas.

samcrypto

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Quote from: bisdak40 on July 21, 2020, 07:27:50 AM

Have installed Bonds.Ph on my cell phone at mukhang okay naman siya, meron lang akong tanong tungkol dito kabayan.

Saan po tayo makakita ng ibang link patungkol sa ganitong investment?

Okay po ba ang bond investment sa ganitong panahon na may pandemic?

Yes Bonds.Ph works perfectly as expected with Unionbank.

Mostly, ang mga private companies ay nagiissue ng bonds so they can collect more funds to support their business and same lang sya with the government bonds.

Super safe ang bonds investment since may fixed interest rate sya and hinde ka talaga malulugi dito not unless mas mataas ang inflation rate compare sa bond rate. I suggest to invest more on MP2 program ng pagibig which is mas malaki yung interest rate nya and sure profit talaga ito.

Theb

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Quote from: Bttzed03 on July 22, 2020, 08:41:27 PM

Quote from: Theb on July 22, 2020, 03:16:42 PM

~
Contrary to popular belief not all kinds of stocks yield the same kind of risks as compared to others. Mostly may mga companies na financially sound at ito yung mga kumpanya ne pwede mong asahan na stable na kahit pabayaan mo yung portfolio mo dahil pwede mo gamitan ng Peso Cost Averaging. Yung mga medyo risky naman is yung tinatawag na speculative stocks na ang mga investors ay nagbe-bet sa kanilang future or rumore projects, ito yung medyo volatile at kailangan bantayan. The former definitely has a higher chance of giving you better gains for your capital kumpara naman sa ibibigay na interest rate ng RTBs. Technically wala ka ngang kikitain dito kung ifafactor-in mo yung inflation rate natin sa loob ng limang taon.

True that buying stocks of a financially sound company (blue chips) yields lower risk but most likely still not as low as T. bonds. Like I said, it's a more agressive approach.

On inflation, mukhang wala nga kita lalo na kung titignan natin from the perspective of a businessman or an investor looking for higher gains. Then again, may iba naman na iba ang pananaw at hindi na nila tinitignan ang epekto ng inflation. Kumbaga it's bank vs. T. Bonds ang laban.

It's really up to them bro kasi sa pananaw ko talaga na pag yung capital ko linigay ko sa isang treasury bonds mawawalan lang ng value yung capital ko pag pinatagal ko pa ng 5 years yung pera ko para sa mababang interest rate. Pero iba iba naman pananaw natin dyan and baka yung iba gusto lang talagang mahold yung numerical value ng pera nila. Mas malaki nga ang interest rate mo kumpara sa mga bangko which is just .25% per annum pero hindi ko masasabing malaking difference ito na worth sa pera mo.

Quote from: Bttzed03 on July 22, 2020, 08:41:27 PM

Quote from: Theb on July 22, 2020, 03:16:42 PM

~
You are just referring to millionaires now since yung milyon nilang investment pwede pa din tumubo ng ilang milyon dahil sa laki ng kanilang mga capital. Ika nga sa Philippine Stock Market ang bluechip companies ay para na sa mayaman at ang small and medium enterprises ay para sa mga gusto yumaman. If you want to earn and you aren't rich wala talagang room para maging low risk investor ka dahil sayang lang ang pera at oras mo.

Not really just millionaires. May malaking interest din ang mga average investors (in terms of capital) at mga OFWs sa mga T. Bonds. I've seen it discussed plenty of times in investor based group that I'm in. It didn't come accross to me that they view T. Bonds as a way to become millionaires but an opportunity to grow their money than let it sit in a bank. I can't say for sure kung meron na din sila funds alloted for stocks, mutual funds, and other form of investments.

I also read the comments when DOF first announced it on their page and seen them complain dahil hindi nila ma-download yung mobile app para makabili.

I'm not sure kung anong klaseng treasury bonds ito pero makikita mo naman yung rate na ino-offer ng Department of Teasury natin which is just below 3% and from what I know ang average inflation ng Pilipinas is around 8% which technically wala ka talagang kikitain at mawawalan lang ng value yung pera mo.

bisdak40

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Quote from: Lorence.xD on July 22, 2020, 11:52:54 PM

Test phase din ba yung app or fully operational na? Base kasi sa sinabi mo is expirement ito kaya medyo may kalituhan. Sa tingin di pa sigurado ang app na ito kasi neutral pa ang gobyerno sa cryptocurrency, busy pa sila kung ilalagay ba yung harang sa motor. Sana iprioritize to kasi malaking tulong to sa mga mamamayan pati na din sa gobyerno.

Fully operational na yong APP kabayan, need mo lang i-verify yong account mo para makapag-cash in ka na at bumili na ng bond. Hindi naman ito tungkol sa cryptocurrency kaya huwag kang mag-alala doon. Ginawa lang nila ang APP para madali sa isang tao na bumili ng bond na hindi na pumupunta sa banko. Low risk, low reward ang bond investment kung mababasa mo ang mga comment sa taas.

Lorence.xD

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Quote from: dothebeats on July 22, 2020, 10:45:01 AM

Found about this on my brother's shared post on FB. He's my adviser when it comes to all things investment-related kaya mabilis talagang nakakarating sa kanya yung mga ganitong balita. This is actually a good experiment done in partnership with the government na pinangungunahan ng Unionbank. It opens the avenues for cryptocurrency platforms para maging recognized ng government, although mas okay din kung bukas ang government sa iba't iba pang payment tools like Gcash or Paymaya para mailapit sa common Filipinos ang ganitong uri ng mga investments.

This is quite a step towards innovation para sa ating investments, and good thing na isa sa crypto-friendly banks ang nag-spearhead nito dahil kita naman talaga natin ang developments with Unionbank.

Test phase din ba yung app or fully operational na? Base kasi sa sinabi mo is expirement ito kaya medyo may kalituhan. Sa tingin di pa sigurado ang app na ito kasi neutral pa ang gobyerno sa cryptocurrency, busy pa sila kung ilalagay ba yung harang sa motor. Sana iprioritize to kasi malaking tulong to sa mga mamamayan pati na din sa gobyerno.

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Quote from: Theb on July 22, 2020, 03:16:42 PM

~
Contrary to popular belief not all kinds of stocks yield the same kind of risks as compared to others. Mostly may mga companies na financially sound at ito yung mga kumpanya ne pwede mong asahan na stable na kahit pabayaan mo yung portfolio mo dahil pwede mo gamitan ng Peso Cost Averaging. Yung mga medyo risky naman is yung tinatawag na speculative stocks na ang mga investors ay nagbe-bet sa kanilang future or rumore projects, ito yung medyo volatile at kailangan bantayan. The former definitely has a higher chance of giving you better gains for your capital kumpara naman sa ibibigay na interest rate ng RTBs. Technically wala ka ngang kikitain dito kung ifafactor-in mo yung inflation rate natin sa loob ng limang taon.

True that buying stocks of a financially sound company (blue chips) yields lower risk but most likely still not as low as T. bonds. Like I said, it's a more agressive approach.

On inflation, mukhang wala nga kita lalo na kung titignan natin from the perspective of a businessman or an investor looking for higher gains. Then again, may iba naman na iba ang pananaw at hindi na nila tinitignan ang epekto ng inflation. Kumbaga it's bank vs. T. Bonds ang laban.

Quote from: Theb on July 22, 2020, 03:16:42 PM

~
You are just referring to millionaires now since yung milyon nilang investment pwede pa din tumubo ng ilang milyon dahil sa laki ng kanilang mga capital. Ika nga sa Philippine Stock Market ang bluechip companies ay para na sa mayaman at ang small and medium enterprises ay para sa mga gusto yumaman. If you want to earn and you aren't rich wala talagang room para maging low risk investor ka dahil sayang lang ang pera at oras mo.

Not really just millionaires. May malaking interest din ang mga average investors (in terms of capital) at mga OFWs sa mga T. Bonds. I've seen it discussed plenty of times in investor based group that I'm in. It didn't come accross to me that they view T. Bonds as a way to become millionaires but an opportunity to grow their money than let it sit in a bank. I can't say for sure kung meron na din sila funds alloted for stocks, mutual funds, and other form of investments.

I also read the comments when DOF first announced it on their page and seen them complain dahil hindi nila ma-download yung mobile app para makabili.

Theb

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Quote from: Bttzed03 on July 21, 2020, 06:54:55 PM

Bonds aren't really known for being a high-yield investment. It's always been low risk, low return type.

Sure, anyone can choose more agressive approach like putting up their own businesses or playing with stocks/forex/crypto for higher (potential) gains.

Contrary to popular belief not all kinds of stocks yield the same kind of risks as compared to others. Mostly may mga companies na financially sound at ito yung mga kumpanya ne pwede mong asahan na stable na kahit pabayaan mo yung portfolio mo dahil pwede mo gamitan ng Peso Cost Averaging. Yung mga medyo risky naman is yung tinatawag na speculative stocks na ang mga investors ay nagbe-bet sa kanilang future or rumore projects, ito yung medyo volatile at kailangan bantayan. The former definitely has a higher chance of giving you better gains for your capital kumpara naman sa ibibigay na interest rate ng RTBs. Technically wala ka ngang kikitain dito kung ifafactor-in mo yung inflation rate natin sa loob ng limang taon.

Quote from: Bttzed03 on July 21, 2020, 06:54:55 PM

Bonds usually appeal to investors with low risk appetite or those who wants to grow their money than saving it in a bank account for long term which yields almost zero interest. Even bank time deposits that offers highest interest is still lower than bonds as shown in the example.

You are just referring to millionaires now since yung milyon nilang investment pwede pa din tumubo ng ilang milyon dahil sa laki ng kanilang mga capital. Ika nga sa Philippine Stock Market ang bluechip companies ay para na sa mayaman at ang small and medium enterprises ay para sa mga gusto yumaman. If you want to earn and you aren't rich wala talagang room para maging low risk investor ka dahil sayang lang ang pera at oras mo.

dothebeats

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Found about this on my brother's shared post on FB. He's my adviser when it comes to all things investment-related kaya mabilis talagang nakakarating sa kanya yung mga ganitong balita. This is actually a good experiment done in partnership with the government na pinangungunahan ng Unionbank. It opens the avenues for cryptocurrency platforms para maging recognized ng government, although mas okay din kung bukas ang government sa iba't iba pang payment tools like Gcash or Paymaya para mailapit sa common Filipinos ang ganitong uri ng mga investments.

This is quite a step towards innovation para sa ating investments, and good thing na isa sa crypto-friendly banks ang nag-spearhead nito dahil kita naman talaga natin ang developments with Unionbank.

serjent05

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Quote from: mk4 on July 21, 2020, 08:51:04 PM

Quote from: serjent05 on July 21, 2020, 11:14:47 AM

Sabi sa balita, they used distributed ledger, it does not necessary means na blockchain tech. talaga ang ginamit nila though ang blockchain is one kind of distributed ledger. Possibly another form of distributed ledger ang gamit nila at hindi blockchain tech, na mixed up lang siguro nila or there is some misconception on the part nung speaker.

Probably. But this quote from Edwin Bautista, UnionBank President & CEO says otherwise:

“This is the first retail treasury bond issuance to leverage on blockchain technology – in Asia, and likely the world,”

Quote from: https://business.inquirer.net/303055/philippine-treasury-is-asia-pioneer-in-leveraging-distributed-ledger-technology-blockchain-for-treasury-bonds

Indeed I have read that, but I just have something in mind na possibleng may misconception between Blockchain tech and the DLT itself. Anyway, it is obvious that we'll go with what the Pres. and CEO stated. Blockchain tech it is.

mk4

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Quote from: serjent05 on July 21, 2020, 11:14:47 AM

Sabi sa balita, they used distributed ledger, it does not necessary means na blockchain tech. talaga ang ginamit nila though ang blockchain is one kind of distributed ledger. Possibly another form of distributed ledger ang gamit nila at hindi blockchain tech, na mixed up lang siguro nila or there is some misconception on the part nung speaker.

Probably. But this quote from Edwin Bautista, UnionBank President & CEO says otherwise:

“This is the first retail treasury bond issuance to leverage on blockchain technology – in Asia, and likely the world,”

Quote from: https://business.inquirer.net/303055/philippine-treasury-is-asia-pioneer-in-leveraging-distributed-ledger-technology-blockchain-for-treasury-bonds

Bttzed03

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Bonds aren't really known for being a high-yield investment. It's always been low risk, low return type.

Sure, anyone can choose more agressive approach like putting up their own businesses or playing with stocks/forex/crypto for higher (potential) gains.

Bonds usually appeal to investors with low risk appetite or those who wants to grow their money than saving it in a bank account for long term which yields almost zero interest. Even bank time deposits that offers highest interest is still lower than bonds as shown in the example.

Kung meron man interesado bumili nyan at this time, you can also consider it as giving the Government a hand para maka-recover. Not in the form of donation but investment. There's a low probablity na hindi magbayad ang Gobyerno sa utang nila kaya pwedeng masabi na halos risk-free ang pagbili ng T. Bonds.

^ Not a financial advice.

Hippocrypto

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Quote from: bisdak40 on July 21, 2020, 07:27:50 AM

Have installed Bonds.Ph on my cell phone at mukhang okay naman siya, meron lang akong tanong tungkol dito kabayan.

Saan po tayo makakita ng ibang link patungkol sa ganitong investment?

Okay po ba ang bond investment sa ganitong panahon na may pandemic?

Sa aking palagay lang kabayan, kung di naman gaano problema sa atin ang pera at may extrang pera ka talaga ay hindi naman problema ang investments kasi paraan natin ito para kumita. Pero kung hindi ka tiyak sa iyong mga desisyon bago pumasok sa sistema ng investment na iyong gustong pasokin, wag mo nalang ituloy ang iyong mga plano. Kung sa pagsisiyasat mo maganda ang bonds, hindi naman siguro masama ang sumubok man lang, pero wag masyadong malaki at siguro 25% lang muna galing sa iyong savings safe yan pang simula.

Theb

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But the biggest question is are Retail Treasury Bonds (RTBs) worth your hard earned money?

Short Answer: NO

Using Bureau of Treasury's very own bond return rate calculator makikita mo na 2.625% lang na interest ang makukuha mo sa limang taon. With the given example above kunwari naka-ipon ka ng 150,000₱ at napag-desisyunan mo ilagay sa RTB iyon, ang 150,000₱ ay kikita lamang ng 15,750₱ na para sakin ay medyo mababa lalong lalo na pwede ka na makapag simula ng negosyo sa halagang 150k ay mas mabilis mo pa makikita yung 15,750₱ na yan. And lets face it will you really trust your money with our government at present na alam niyo ng baon tayo sa utang dahil sa COVID-19 pandemic? Let's be realistic for me personally I won't risk a big amount of money just for that 2.625% interest rate dahil ganyan lang ang typical fluctation sa crypto market on an hourly basis. Ang ginawa lang naman talaga ng app nito is padaliin makapag invest ng mga tao sa RTBs.

serjent05

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Quote from: mk4 on July 21, 2020, 07:50:44 AM

It's cool and all that UnionBank is trying new things, I still don't get why they needed to use "blockchain". Platforms like GCash and PayMaya works fine for people without bank accounts as well, without using "blockchain". But idk, time will tell if this is a good move or not.

Sabi sa balita, they used distributed ledger, it does not necessary means na blockchain tech. talaga ang ginamit nila though ang blockchain is one kind of distributed ledger. Possibly another form of distributed ledger ang gamit nila at hindi blockchain tech, na mixed up lang siguro nila or there is some misconception on the part nung speaker.

Quote

The Bureau of Treasury decided to enable the app with distributed ledger technology in order to reduce time and costs during the manual verification and settlement processes. Through the use of DLT, the Bureau also wanted to ensure a feasible, secure and economically viable bond distribution process.

Pagdating naman sa mode of payment, wall naming sinabing tumatanggap sila ng cryptocurrency as payment kung Hindi the usual na online payment katulad ng sinabi mo.

Quote

The application will allow national citizens to easily invest in retail treasury bonds for as little as 5,000 Philippine pesos (~$100). App users will be able to make instant payments using internet payment services such as InstaPay, GCash and Paymaya. They can also pay through internet banking or over-the-counter payment through their UnionBank accounts.

An interesting article here describing about the difference ng blockchain tech at distributed ledger tech.

Quote from: https://tradeix.com/distributed-ledger-technology/

How Are Blockchain And Distributed Ledger Different?
The most important difference to remember is that blockchain is just one type of distributed ledger. Although blockchain is a sequence of blocks, distributed ledgers do not require such a chain. Furthermore, distributed ledgers do not need proof of work and offer – theoretically – better scaling options.

Removing the intermediary party from the equation is what makes the concept of distributed ledger technology so appealing. Unlike blockchain, a distributed ledger does not necessarily need to have a data structure in blocks. A distributed ledger is merely a type of database spread across multiple sites, regions, or participants.

On the surface, distributed ledger sounds exactly how you probably envision a blockchain. However, all blockchains are distributed ledgers, but remember that not all distributed ledgers are blockchains. Whereas a blockchain represents a type of distributed ledger, it is also merely a subset of them.

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Quote from: bisdak40 on July 21, 2020, 07:27:50 AM

~ Saan po tayo makakita ng ibang link patungkol sa ganitong investment?

Investing in Philippine bonds: A beginner’s guide

Quote from: bisdak40 on July 21, 2020, 07:27:50 AM

Okay po ba ang bond investment sa ganitong panahon na may pandemic?

Okay naman ang mga ganitong investments dahil low risks at may fixed kang matatanggap na passive income (depende sa terms) kumpara sa stocks. I'm not sure kung ano ibig mo sabihin dun sa "ganitong panahon ng pandemic" pero kung ibig mo sabihin eh mabilisang kita eh hindi ganun ang bonds. Kumbaga nagpapautang ka (as an investor) sa mga private companies o kaya naman ay sa Gobyerno (in this case) kaya long-term investment ito madalas. Although pwede mo naman din ibenta sa iba kung ayaw mo na.

Quote from: mk4 on July 21, 2020, 07:50:44 AM

It's cool and all that UnionBank is trying new things, I still don't get why they needed to use "blockchain". Platforms like GCash and PayMaya works fine for people without bank accounts as well, without using "blockchain". But idk, time will tell if this is a good move or not.

Yeah, that part confuses me too.

Trying to connect the dots....Since the Government wants a more effective and efficient processing, they decided to tap into UB's DLT. It just so happen that UB is also in partnership with GCash and PayMaya to cater to the unbanked.

mk4

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It's cool and all that UnionBank is trying new things, I still don't get why they needed to use "blockchain". Platforms like GCash and PayMaya works fine for people without bank accounts as well, without using "blockchain". But idk, time will tell if this is a good move or not.

bisdak40

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Have installed Bonds.Ph on my cell phone at mukhang okay naman siya, meron lang akong tanong tungkol dito kabayan.

Saan po tayo makakita ng ibang link patungkol sa ganitong investment?

Okay po ba ang bond investment sa ganitong panahon na may pandemic?

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Malaking hakbang ito mga kabayan sa magandang patutunguhan ng crypto / blockchain, ang gobyerno na mismo ang may pahintulot sa pag gamit ng blockchain based na maaring makapag invest ang ating mga kababayan. Isang malaking hakbang panlaban sa mga naglalabasang ponzi business, ito ay isang magandang paraan para lalong maipakilala ang blockchain system sa bansa.

Quote

On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds.

source :

https://www.cointelegraph.com/news/philippines-launches-blockchain-app-to-distribute-government-bonds

Topic: Kaalaman : Philippines Launches Blockchain App to Distribute Government Bonds (Read 392 times)