Blockchain to uplift lives of underserved Philippine sectors

A Filipino-owned and controlled fintech company aims to utilize blockchain, the decentralized ledger technology that supports transactions without the need of going through the traditional banking system, to promote inclusive growth and allow the more than 70 percent of the Philippines’s underserved, unserved and unbanked sectors.

Blockchain to uplift lives of underserved Philippine sectors
Marc Ilagan and Nicos Figueroa
Smart Asset Management Digital Technologies believes blockchain can be a powerful tool if used continuously to work towards a more dynamic and digital economic system. SAM said its Members Acceleration Program offers one of the fastest-growing automation in income opportunities with digital and conventional business developments in Asean and the Australasia regions.

“This program will help them to have another set of opportunity aside from their primary work,” stated Nicos Figueroa, SAM’s Compliance Officer. “Everyone can do this part time. As mentioned, SAM MAP is all about group efforts and teamwork in attaining their goals. Moreover, with MAP's benefits and rewards program it can definitely take them to multi-stream of opportunities.”

SAM Director Marc Ilagan added the MAP was designed to accelerate and develop collaboration amongst SAM members that allows them to reap the many benefits of the program. Ensuring a large SAM community is one of the key features that will provide better income opportunities for its members, he said.

“The SAM MAP provides an opportunity for any member to start their own business, whether small- or medium-scale. And they can do this without a capital,” said Ilagan.

SAM Digital Technologies has strategic solutions to current challenges by identifying sustainability issues; executing strategy to reinforce sustainability; leverage liquidity; and unsecured leverage in SAMDT hybrid decentralized finance (defi).

There are two main economic tools in the program - the SAM e-Wallet and the SAM Project Development where members can earn up to 200 percent reward points and exchange it to products and services or cash.

The e-Wallet is recording system of the overall transaction inside the SAM E-Wallet that is also using its own blockchain technology with the protocol Proof of Authority (POA) with its own Ethereum Blockchain Platform. It utilizes two different blockchain technologies to maximize multi-swapping asset services, thereby creating trust in a trustless environment. 

SAMPD’s main feature is a subscription-based program that provides potential opportunities for our subscribers-based network to directly engage on the information provided in the conventional businesses published.

SAMPD is also a registered corporation in the Philippines thru the SEC (Securities and Exchange Commissions) where it will house majority of the SAMPD Conventional Businesses as its HUB.

Membership in MAP is available for any user of the SAM App who:

(a) possesses the legal authority to agree to the SAM App Terms and Conditions and these MAP T&C; (b) resides in a jurisdiction which legally permits participation in MAP, and (c) provides valid and accurate personal information when creating a user account in the SAM App and enrolling in the MAP.

SAM uses the binary system LOGIC, and thru that logic SAM DIGITAL TECHNOLOGIES deployed an artificial intelligence of the auto-role positioning, thereby implementing an undiscriminative distribution of members in the system. Where the system will distribute opportunities irrespective of the hierarchy. It is without a doubt that teamwork is the key element factor to a successful REWARDS system. 

With such collaborative work, everyone in the members acceleration program will evenly receives placement opportunities and enjoy the Automatrix Direct REWARDS and Automatrix Group REWARDS because of the Auto Role Positioning and received direct referral rewards if extra effort is exercised.

One of the key advantages of SAM is its direct subscription program where members can have information and engagement with the conventional businesses of SAM.

“In exchange for their subscription — where there is a fee attached to it — we provide the information to those conventional businesses that we have either acquired, are conceptualizing, establishing, operating or buying as a whole concept,” Rommel Santos, founder, and Chairman of SAM Digital said.

“We have a step-by-step guide on how we acquired it, how we comply with regulatory compliances, by way of registering those businesses coming up with a marketing plan in everything,” he added.

Topics: Smart Asset Management Digital Technologies , Members Acceleration Program , Nicos Figueroa , Marc Ilagan
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