Blockchain
Smart Communications, one of the largest telecommunication companies in the Philippines, is entering the blockchain space in Southeast Asia through a partnership with BlockchainSpace, a Singapore-based Web3 community enabler.
See related article: Philippine province uses blockchain technology, eyes tokenization
Quick Facts
- At a press conference on Wednesday, Smart said it has launched a “Creator Circle” with BlockchainSpace, a program that aims to strengthen the creator economy, a burgeoning market that connects creators with their fans and brands through content monetization. , output or skills.
- The program has over 150 creator prelaunch signups regionally, equating to a total following of over 20 million across all social networks.
- “Filipinos have been at the forefront of using Web3 since the peak of the pandemic. With millions already owning crypto wallets and participating in GameFi, the Philippines has consistently been one of the leaders in Web3 adoption in Southeast Asia,” said BlockchainSpace CEO Peter Ing.
- The country came in second in the 2022 Global Crypto Adoption Index by blockchain analytics firm Chainalysis.
- Smart Communications is one of the largest telecommunications companies in the Philippines with more than 65 million subscribers.
See related article: Philippine Blockchain Week: Blockchain adoption struggles in the Philippines as companies ‘invest to survive’