#ThinkPH: Country has to solve ‘real world’ problems first

By July 21, 2016Bitcoin Business

LOCAL INNOVATORS. Local tech founders (from left) Paul Rivera, Maria Ressa and Nix Nolledo. Photo by Martin San Diego/Rappler. MANILA, Philippines – Technology is changing the world every day and at a pace never seen before, but in the Philippines, local problems still hold the future back.

“There is transformative technology happening all over the world, but you still have to localize to your market’s challenges in the real world. [These are] challenges that developed market counterparts don’t have, ” Xurpas founder and CEO Nix Nolledo said at a morning session of Rappler’s #ThinkPH event on Thursday, July 21, at the Resorts World Manila.

One obvious real world challenge is the slow internet in the Philippines. So one has to figure out ways to work around that. Nolledo said most popular games now are social multiplayer ones and slow internet is especially difficult for tech firms focused on games such as Xurpas.

Xurpas thus invested in an innovative firm, Nemesis out of Singapore, that allows user’s devices to send keystrokes rather than app data to each other, thus eliminating the need for a fast internet connection to play, according to Nolledo.

Nolledo was speaking at Rappler’s #ThinkPH event as part of a panel discussing digital trends in the country where he was joined by Kalibrr founder and CEO Paul Rivera and Rappler founder and CEO Maria Ressa. (READ: #ThinkPH: Man must learn to dance with machines – Van Geest )

All 3 startup founders agreed that the real world challenges the country presents aren’t all bad, however, as they also force firms to think creatively , innovating out of necessity.

Nolledo cited one example of transformative technology: blockchain – the key to making bitcoins works.

Block chain, and bitcoin technology is particularly suited to the Philippines because of remittances. The promise is that an OFW can […]

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