crowdfunding indonesia

Here are the key ecommerce headlines you need to know.

1. Indonesia to set up crowdfunding platform for ecommerce startups 

Indonesia’s ministry of cooperatives and SMEs has announced plans to set up a crowdfunding platform to fund startups as part of its broader e-commerce roadmap introduced earlier this month. The government will join hands with the University of Indonesia (UI) to build the site.

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2. Dentsu Aegis Network acquires ecommerce solution firm Bluecom

 Dentsu Aegis Network (DAN) announced the acquisition of Bluecom Group. The firm will become part of DAN’s digital arm Isobar China Group and will be rebranded as “Isobar Commerce”, in a bid to strengthen the network’s position.
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3. Thailand’s Kasikorn Bank joins with IBM for blockchain

Kasikornbank will be the first Thai bank to apply the blockchain technology and aims to start the services in the first half of 2017, Somkid Jiranuntarat, vice chairman of Kasikornbank’s technology group, told reporters.

Blockchain is a web-based transaction-processing and settlement system whose efficiency banks say could slash costs. It creates a “golden record” of any given set of data that is automatically replicated for all parties in a secure network, eliminating any need for third-party verification.

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