Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Bank of Papua New Guinea, Abt Associates to establish PNG Digital Commerce Cryptocurrency Association

Abt Associates has announced that it is working with the Bank of Papua New Guinea to establish the PNG Digital Commerce Cryptocurrency Association.

The initiative will help the country to link up with the Global Blockchain Forum, an initiative led by the U.S. Chamber of Digital Commerce.

Under an MOU with the central bank, Abt Associates is harnessing blockchain potential to solve some of the major challenges in international development. The Central Bank of PNG signed the MOU with Abt Associates supported by the Australian government to launch the program through the Abt Australia-led PNG Governance Facility project.

The central bank and Abt, with funding from the Australian Government, are investigating how blockchain technology could be used to tackle some of the financial inclusion issues in the country.

“Blockchain has the potential to solve many challenges,” said Dr. Jane Thomason, CEO of Abt Australia. “Imagine a world where the poor can have an identity which enables access to services and financial inclusion through the use of blockchain technology. It holds tremendous possibilities to transform the way we address issues of poverty and health.”

Founded in 1965, Abt Associates seeks to solve challenges in health, social and environmental policy and international development. It particularly focuses on healthcare, education and workforce development, climate change and the environment, food security and agriculture, housing and communities, and survey and data collection.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 22 07:30 UTC Released

THCurrency Swaps

Actual

32.7 Bln US

Forecast

Previous

33.2 Bln US

June 22 07:30 UTC Released

THForex Reserves

Actual

211.5 Bln US

Forecast

Previous

212.3 Bln US

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 216990216990m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 216990216990m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 205170205170m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.