The Department of Information and Communications Technology (DICT) and Coins.ph, the leading digital wallet provider and crypto exchange platform in the Philippines, have organized their first-ever Blockchain 101: Blockchain for Beginners webinar.

The webinar aims to educate beginners about blockchain technology and its potential applications. Coins.ph has over 16 million users and is the most established crypto brand in the Philippines.

The company is fully regulated by the BSP and holds both EMI and Virtual Currency licenses. The webinar is part of Coins.ph’s efforts to promote digitalization and innovation in the Philippines.

The webinar was graced by DICT Region 3 Regional Director, Engr. Reynaldo T. Sy who opened the event by sharing a few words on the significance of adopting cryptocurrency in our country.

During the program, Coins.ph Social Media and Community Manager, Franco Araneta shared the basics of cryptocurrency and blockchain technology, explaining how it compares to the traditional ways of banking and offers a better alternative that is secure, transparent, and cost efficient.

Araneta also urged those who plan to engage in cryptocurrency, to use licensed exchanges by the Bangko Sentral ng Pilipinas, such as Coins.ph, to ensure that all your transactions are safe and legitimate.

Coins.ph General Manager, Eprom Galang also shared NFT insights, real-world benefits such as IP ownership, provenance, and interoperability of these assets, encouraging Filipinos to start their NFT journey.

DICT Region 3 Technical Operations Division Chief, Engr. Petronilo Villafuerte closed the event by thanking Coins.ph for their support and taking the time to share their expert knowledge on NFTs, crypto, and blockchain technology to attendees.

With the success of the first Blockchain 101: Blockchain for Beginners webinar, Coins.ph and DICT hopes to create more sessions to allow more Filipinos to educate themselves on the benefits and trends of the crypto industry.

Today, Coins.ph offers a wide range of products, from e-wallet, crypto trading and remittance services which millions of Filipinos already enjoy. Sign-up via Google Play, App Store or Huawei AppGallery today.