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IBH Partners with EMURGO and KOBEA To Build Blockchain Business and Education for Uzbekistan Government

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IBH Partners with EMURGO and KOBEA To Build Blockchain Business and Education for Uzbekistan Government
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Infinity Blockchain Holdings Pte. Ltd. (IBH), the official holding company of Infinity Blockchain Group of companies, announced formal agreements with National Project Management Committee (NAPM) in Uzbekistan to build strategic blockchain-based businesses and education units in the Republic. This initiative, with a primary focus on fintech digital asset and security tokens, will be a collaborative effort together with blockchain leaders including EMURGO, and KOBEA Group Co. Ltd. (Korea Blockchain Entrepreneur Association). On top of providing technical development support, IBH will also be providing legal and advisory services to the Uzbekistan government.

According to Forbes [1], a large part of Uzbekistans are unbanked with an estimate of 5% of the population having savings accounts. Notably, in a recent report by Deloitte [2], the high costs and lack of trust towards financial institutions are amongst the top reasons to stay unbanked. Such alarming statistics have prompted an increasing number of governments to organize financial inclusion initiatives. In the case of Uzbekistan specifically, prior to this collaboration with leading global blockchain companies, the Republic’s government had fully legalized the activities of cryptocurrency exchanges nationwide since September 2018.

Mr. Hiro Enotomo, IBH’s Founder and Group CEO, concluded that “With a large population of more than 30 million, IBH is privileged to be one of the leading technology providers in delivering blockchain technologies and services to the government and people of Uzbekistan. The population as a whole is showing increasing interest in technology adoption, as such, this strategic partnership empowers IBH to support Uzbekistan in its mission to promote financial inclusion through our development, legal, and advisory services.”

As IBH, EMURGO, and KOBEA share the same philosophy to promote financial inclusion for the unbanked using the power of blockchain technology, this strategic collaboration is in line with IBH’s mission to promote “reverse-innovation” and the practical use of blockchain technology to transform the world from Asia. With this in mind, IBH seeks to create a new economic zone with technological strength and capital strength for the creation of innovation from Asia.

Shogo Ishida, Head of Central Asia of IBH and CEO of QRC HK Ltd., commented “We see the huge potential of Uzbekistan as a blockchain hub in Central Asia under the strong leadership of its government. In the past 2 years, Uzbekistan has passed a number of important laws related to blockchain technology and we, as an expert of regulatory compliance, look for further cooperation with the Republic’s government to elevate the country’s presence as a regulatory advanced nation.”

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Asia

Goa Introduces an Entirely Online Lottery Platform

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In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.

Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.

Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”

This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.

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Asia

DigiPlus Interactive Launches “Pusta de Peligro” Campaign

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The DigiPlus Interactive Corporation, with its social development arm, BingoPlus Foundation, has launched the “Pusta de Peligro” campaign, pioneering a responsible gaming initiative to empower Filipino players with the knowledge and tools to make better choices in their gaming experiences. This campaign leverages the relatable term Petsa de Peligro—which reflects the need to be prudent before paydays in the Philippines as a metaphor for moments when players must exercise caution and discipline in their gaming.

The Pusta de Peligro campaign aligns DigiPlus Interactive with the efforts of PAGCOR in promoting responsible gaming and playing with a trusted operator, demonstrating a shared commitment to keeping gaming safe and enjoyable. A three-pronged approach to prevention, education and intervention anchors the campaign’s objective to teach Filipinos how to know the risks, set limits and get the right support.

Last November 14, DigiPlus and BingoPlus Foundation held the “Tamang Laro, Tamang Panalo! Wais Tips for Pusta de Peligro Moments” hybrid talk show in its headquarters in front of over 200 audiences on-site and online.

The show was split into two sessions with the first one being the “Tamang Laro” episode–Teresita Cambe-Castillo, licensed psychologist, chairperson of the board of Seagulls Flock Organisation and International Gambling Certification Board member, discussed how to spot the signs of excessive gaming and provide mental health support for oneself or others.

In the afternoon, proven financial guru Armand Bengco led the conversation in the “Tamang Panalo” episode, teaching the viewers how to continue winning by knowing how to handle money, build an entertainment fund and spend responsibly.

The “Tamang Laro, Tamang Panalo!” hybrid talk show is proof that DigiPlus, through BingoPlus Foundation, is committed to advancing an education campaign that goes beyond reminders on responsible gaming habits, but also gives actionable, practical tips to better manage their entertainment fund through financial literacy learning sessions, and spot the signs and provide psychological first aid for excessive gaming.

“We’re committed to more than just delivering exciting digital entertainment. With Pusta de Peligro, we’re taking responsibility to help players be mindful, enjoy responsibly, and stay financially aware,” said Rafael Jasper Vicencio, Director of DigiPlus Interactive and President of AB Leisure Exponent and Total GameZone Xtreme, the operator of BingoPlus Stores and developer of its beloved games.

Celeste Jovenir, COO of BingoPlus Foundation and Vice President of DigiPlus Interactive, said: “Pusta de Peligro is just the beginning. We are committed to setting the bar as a responsible industry leader, helping Filipinos navigate gaming wisely, for truly enjoyable and rewarding experiences with us.”

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Asia

MelBet Appoints Bollywood Actress Sherlyn Chopra as its New Brand Ambassador

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International iGaming company MelBet has appointed Sherlyn Chopra, one of India’s famous and glamorous actresses, as its new brand ambassador.

As a brand ambassador, Sherlyn would be involved in creating exclusive content and promoting MelBet in international markets.

Sherlyn Chopra is known for her significant success in the film and television industry. Her work, including her role in the psychological thriller, Red Swastik, made her popular in India. Sherlyn is actively involved in showbiz and continues to expand her horizons by doing popular web-series, music albums, short films, launching glamour and style apps and other creative projects.

“I am incredibly excited to become a part of the MelBet family. Sports are more than just games or competitions as they unequivocally bring people together. I am proud to contribute to its popularisation with such a reliable partner. MelBet is not just about gaming, casinos, or sports. It is about team spirit towards involvement in the games, followed by highs and lows which are inevitable in the pursuit of success and victory. MelBet is an experience that brings us closer as a community and in setting our goals and achieving them. I am looking forward to starting our collaborative journey and the opportunities that we can create and explore for our growing game lovers,” Sherlyn Chopra said.

With this appointment, Sheryln joins other leading names, who represent MelBet in India and globally. MelBet believes that with her fearless approach to pushing boundaries, she embodies the innovative spirit that MelBet values – which led to her appointment. This partnership is expected to strengthen MelBet’s connection with sports enthusiasts, gamers and those passionate about the game, opening up new opportunities for clients and helping to further expand the brand’s reach across South Asia.

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