P-Innovator Summit Awards Series: COINVILLE PHILIPPINES Phils. Inc.
In 2019, the Bangko Sentral ng Pilipinas (BSP) green-lit COINVILLE Philippines, Inc. into the country’s cryptocurrency exchange industry. At that time, the industry was well on its way to a significant rise in interest among traditional portfolio managers and modern investors, with virtual currency exchange firms experiencing up to a 15-fold customer increase.
As a BSP-registered remittance and transfer company with virtual currency exchange services, COINVILLE Philippines, Inc. became one of the few trailblazers in a Blockchain-powered ecosystem with licensed exchanges to help both banked and unbanked Filipinos. Early on, its services centered on providing more cost-efficient remittance alternatives via cryptocurrency exchange and market-driven collaborations that are both ethical and sustainable.
For its ingenious innovations in the country’s cryptocurrency industry, the first P-Innovator Summit has shortlisted COINVILLE Philippines, Inc. Slated for June 24, 2022, and organized by UHY M. L. Aguirre & Co. CPAs in partnership with online accounting services industry leader Babylon2k.org; the event aims to recognize the country’s prime businesses in the digital space.
With its flagship Coinvil tick trading system fully established in the Korean market, the company is looking to push overseas Blockchain projects in the local market while promoting local companies in the industry to land partnerships abroad. The system allows for faster, safer, and more transparent trading processes with multi-platform support.
Upon its launch, the company went ahead. It introduced a user-friendly trading and exchange platform that allows users to make easier and lower interest Philippine peso deposits and withdrawals online. Available via platform-supported wallets, users have multiple payment options via DragonPay prepaid credits, ATM banking, non-bank over-the-counter services, and e-money issuers.
For virtual currency services, users can also perform deposits and withdrawals via their VC wallets. Trading on the platform’s buy and sell page wherein the best available ‘bids’ and ‘asks’ are presented for such cryptocurrencies as Bitcoin, Ethereum, PHP, Ripple (XRP), and Fav Coin, among others, are also available.
Anchoring on creating more significant values through collaborations and sharing, COINVILLE Philippines, Inc. also boasts a complete and secure asset management system with 24-hour control and monitoring management, as well as real-time virtual currencies value tracking.
Learn more about the 1st P-Innovator Summit by visiting Recognizing the Best Performing Digital/Innovative Business in PH Via an Inaugural Summit – iLead – Institute of Leadership Entrepreneurship And Development (i-leadacademy.org)
The 1st P-Innovator Summit
In partnership with UHY M. L. Aguirre & Co. CPAs, and Babylon2k.org, the P-Innovator Summit will hold its inaugural awards this year, after which shall be an annual event.
The awards aim to recognize the most innovative local companies pushing the envelope in digital transformation, mainly in business-to-business (B2B) and business-to-customer (B2C) strategies. Eligible for the awards are companies in fintech, communication, virtual currency exchange, gaming, retail, and other digital intermediaries.
Awardees will be determined based on innovation, strategy, engagement, metrics, and campaign results. A panel comprising members of the organizing partners and affiliated entities will select the final list of awardees upon thorough reviews of the submitted entries.
- Application for SEC’s Grant of Amnesty on or before April 30, 2023
- Risks of Penalty for not Disclosing the Company’s Beneficial Ownership under the SEC MC No. 15, Series of 2019
- Lazada Riders as Employees Under the Four-Fold Test
- New and Revised PFRSs for Annual Periods beginning on or after January 01,2023
- Further clarification of issues raised in transitory provisions for the VAT Zero-rate Incentives