With micro, small and medium enterprises (MSMEs) in the Philippines comprising over 90% of the country’s establishments, there is an opportunity to introduce smart technology and allow small businessmen to tap into the e-commerce market, said Rommel Santos, CEO of Malaysia-based Smart Asset Managers (SAM).
SAM is in the Philippines to roll out its Dinar Dirham Koin (DDK), a blockchain community platform that aims to empower MSMEs in the region using the emerging technology.
“The MSMEs are vital in building an inclusive and dynamic economy for the people,” Ramos told Cryptovest as he called on small businessmen to explore new opportunities and to be innovative in looking for new ways by boldly opening new ventures.
He added, “We are aware of the crucial role MSME play in creating a better future for the people, and we will assist you and provide you with guidance to achieve this task."
According to Ramos, SAM is answering the call of the Bangko Sentral ng Pilipinas (BSP) to encourage digital payments and transactions in t...
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