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The National Bank of Cambodia will be launching a new digital currency called Bakong this year

Bakong is being developed as a blockchain-based, peer-to-peer platform that will have its own specially designed cryptocurrency. Unlike most blockchain-driven cryptocurrencies, Bakong is a closed system that is backed by banking authorities.
A software wallet is linked to the user’s bank account, which allows them to interact easily with hard currency. The system will support … More

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Grab aims to bolster human trafficking reporting in Cambodia

Southeast Asia ride-hailing giant Grab today announced the launch of its first anti human trafficking program under ‘Grab for Good’ initiative in Cambodia, with the support of Interior Ministry’s National Committee for Counter Trafficking and NGOs partners Liberty Shared and Child Helpline Cambodia.
Around 10,000 Grab driver partners will be equipped with knowledge how to … More

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Pi Pay to ink merger deal with SmartLuy

One of the country’s leading mobile operators Smart Axiata announced yesterday that its digital service SmartLuy has signed an agreement to merge with a local mobile payment platform Pi Pay, looking to attract more merchants and customers to its platform.
The details of the agreement, which would require approval from the Cambodian government and the … More

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MAKING CAMBODIAN FARMERS’ LIVES EASIER WITH SMART FARM ASSISTANCE

A team of five Cambodians have created a phone app that will help farmers spend less time working in the field.
The Smart Farm Assistance app will allow farmers to control their water system remotely, and check data on soil conditions and humidity.
The app is linked to a device/controls a device that is installed … More

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MEALTEMPLE GROUPS EXPANDS STARTUP DRIVEUP TO LAOS

Meal Temple Group, a Cambodia based food delivery company, has now introduced a Ride-hailing service app called DriveUp.app, in the capital city of Laos, Vientiane.
After expanding its food delivery services from Cambodia to Laos a few months ago, Meal Temple is on its way to start the super app business model in Laos. The … More

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