We all know that the world is becoming more of an uncertain place, and with this spike in uncertainty, fraudsters have become more active and have been hoping to capitalize on people’s vulnerabilities.
As GOW increases in popularity, we have noticed a spike in scams where scammers will attempt to get you to hand over your login details.
These fraudsters are professionals and can sound very professional, so we have put together this guide to be able to discern when a fraudster is targeting you.
How do you know if it is REALLY GOW that is contacting you?
Financial Literacy — — Digital Assets
With the world we live in today, we are constantly growing and evolving. The only constant, really, is change.
And in this end, finance and money are no different.
With the establishment of the Cagayan Economic Zone (CEZ) and the issuing of licenses from the Bangko Sentral ng Pilipinas, the Philippines is working towards becoming a digital assets haven (we’ll reveal more about the technicalities in a future article, let’s keep this one high-level for the time being).
What we have seen since receiving our license in July 2018 is a far greater pivot…
After our last article about doing Due Diligence on companies, a lot of people asked us to do a follow-up article on what scam looks like and what to look out for when you are investing your money.
We’ll take you through some of the main scenarios where people find themselves scammed and the promises that are typically made by scammers when cheating people out of their hard-earned money.
High Returns, No Work
This is one of the main things that scammers LOVE to promise.
They claim that they can get you 200% returns in six months. …
We are all ambitious people, and to succeed, we need to have a certain drive and build an impression of ourselves over a longer period of time.
As part of our Business 101 series, we are going to give some tips and pointers about building your personal brand — — How you do it and what to do.
Cover your Digital Bases:
Where are people most likely to view you? When you are building an image online, you need to make sure that you put across the best impression. Is your profile photo professional enough, do you highlight your key…
One of the things we are passionate about here at GOW is providing a licensed, regulated, and secure platform that offers traders and investors safety and integrity in their trading.
A person’s finances are a very sensitive topic, so we are providing some of our top tips for the safest possible trading experience.
2019 has been a year to remember for GOW.
We received our green light to launch our exchange by the Philippines Central Bank, Bangko Sentral ng Pilipinas, launched our multi-currency settlement services, while getting new confirming new and exciting listings. 2020 is going to be full of announcements.
We have been awarded the Leader in Growth Award by Cebuana Lhuillier in recognition of our growth and international sales in 2019, being placed in the top-5 in the Asia Pacific region.
GOW CEO, receiving the award at the Official GOW Branch in Metro Manila said, “we have long aimed…
GOW — Origin in Remittance
That’s the figure GOW CEO Tim Ying looked at when establishing ETranss in 2015. “One day in Central Hong Kong, I saw overseas workers form Southeast Asian countries queuing for hours on a Sunday. They were all lining up to send money to their friends and loved ones overseas. They’re working tirelessly all week, Monday to Saturday, but on their day off they’re trudging down to their remittance vendors to take care of their families. To me, this wasn’t right,” he exclaimed.
Tim, formerly the head of global corporate digital marketing at HSBC…
“Why bet on a horse when you can buy the entire racecourse?”
— — Josh Riddett, Founder, Easy Crypto Hunter
Could a currency with a 51% concentration in the hands of one individual or organization be fully decentralized?
Satoshi Nakamoto posited that it was the centralized nature of e-money organizations in the 1990s that doomed them, and that the only way of remedying the situation was a move towards a decentralized, non-trust-based system. Knowing the number of Bitcoins that were to be mined every year, with miners directing computing power to the Bitcoin network to allow for fair distribution.
What are STO’s?
The shift towards crypto has always been about two things: disrupting and offering an alternative. GOW has been facilitating this through its overseas remittance schemes, its full-suite of EPoS services, and its stablecoin ledger solution — — all through our FinTech as a service scheme (more on that to be announced later).
When we visited the Hong Kong Blockchain week last week, one of the most common and contentious topics was the advent of STO’s and the regulatory and compliance hurdles that may be encountered along the way.
Though Security Token Offerings have been gathering steam and…
Sending money abroad sucks.
If nobody else says it, we will.
It’s costly, it’s time-consuming, and it’s unnecessarily complicated.
When we are living in a global village, an increasingly interconnected world, why is it so difficult for a Filipino worker in Hong Kong to send money back to her family and why is it so difficult for a business person to make and receive payments? In other words, while the world is becoming interconnected, the banking system is not. The world is digital, but banking is analogue.
But Why Is It This Way?
Put simply, banking involves a complex maze…
GOW Exchange is a next generation virtual currency exchange which follows strict banking and regulatory compliance standards.