Philippines’s payments solutions firm SALPay partners with Unionbank to develop blockchain wallet; raises US$7M via ICO

Sainul Abudheen K, writing for e27;

Payroll solutions company Salarium Payments (SALPay) has partnered with Unionbank of the Philippines to use the latter’s digital banking platform EON to develop its blockchain wallet SALPay 3.0.

SALPay will create a co-branded Visa card programme connected to the wallet.

And;

SALPay is currently in the process of raising US$20 million via initial coin offering (ICO). With just three days left, the company has already raised around US$7.1 million.

It’s just a matter of time before financial institutions uses blockchain technology with their respective platform. Since blockchain have been proven to be a secured and effective way of recording transactions.

Trump’s Next Immigration Move to Hit Closer to Home for Tech

Peter Elstrom and Saritha Rai, reporting for Bloomberg;

President Donald Trump’s clash with Silicon Valley over immigration is about to become even more contentious.

After the new president banned refugees and travelers from seven predominantly Muslim countries, Google, Facebook, Salesforce, Microsoft and others railed against the move, saying it violated the country’s principles and risked disrupting its engine of innovation. Trump’s next steps could strike even closer to home: His administration has drafted an executive order aimed at overhauling the work-visa programs technology companies depend on to hire tens of thousands of employees each year.

U.S. version of Saudization – Americanization!