Noah Project Surges Ahead With Strong Support for Ambitious Agenda
Led by an experienced and dedicated team, the Noah Project continues to gain support, attention, and real-world adoption. With an emphasis on using blockchain technology as a driver of social change, the project has issued its own token, Noah Coin, as part of a financial infrastructure that has both local and international applications. The project has already entered into major partnerships, and support continues to grow.
Noah Coin has recently been added to three additional exchanges, and is now available through HitBTC, Changelly, Livecoin, Mercatox, BTC-Alpha and Yobit.
Designed in part as a solution to payment processing, remittances, and currency exchange for the Philippines’ large migrant workforce, Noah Coin has already gained traction. Targeting the significant and underserved population of Overseas Filipino Workers (OFW), Noah Coin offers a much-needed solution to the problem of high International remittance fees faced by those who work abroad and send money back home to their families. Under the current system, transferring funds is complex and remittance fees are as high as 10%. Noah Coin brings universal accessibility, speed, and simplicity to the currency exchange and remittance process and drops fees to around 2%, radically reducing the losses incurred by migrant workers supporting their families.
Tapping into an underserved market worth upwards of three trillion yen, it is not a huge surprise that Noah Coin has garnered widespread interest in Japan, a country which hosts a major percentage of OFW. After a successful ICO in early 2018, the Noah Project has already begun implementation of services, continued to develop the Noah ecosystem, and expanded partnerships to drive innovation in the larger blockchain space. In April of 2018, the Noah Project acquired 3 million stock acquisition rights of Beat Holdings Limited, a Hong-Kong based company with services in Japan, Singapore, Malaysia, and Indonesia. Listed on the Tokyo Stock Exchange, Beat Holdings Limited is focused on development of mobile applications, advertising platforms, cloud-based messaging, digital health, and other emerging high-growth technologies.
With holdings in this company, Noah plans to get even deeper into the development of its own tech products and continue to drive innovation in blockchain.
Beyond serving as a payment gateway and remittance solution for overseas workers, Noah Coin also plays an important role in the ambitious Noah City project, a crypto-powered city within the larger vision for Horizon Manila. With backing from a group of major financial conglomerates and corporations, Horizon Manila is an ambitious massive waterfront restoration effort designed to bolster the local economy and create a destination hotspot in the heart of the Philippines. Noah City is a futuristic hub within the larger landscape of resorts, shopping centers, and other avenues of entertainment and activity comprising Horizon Manila. Noah Coin will serve as a local infrastructure token within Noah City, giving coin holders access to a wide variety of services including rentals, rebates, discounts, amenities, and more.
