Blockchain
NanoByte Becomes the First Token to Provide Instant Fiat Loans; Following a Partnership with One of the Largest Traditional Financial Institutions in Indonesia
Jakarta, Indonesia–(Newsfile Corp. – April 27, 2022) – After a successful partnership with Danamas – one of the leading FinTech Cooperations in Indonesia, NanoByte is ready to pave the way for Crypto Adoption in the Asia Pacific. They will be the first to provide instant fiat loans to the more than 270 million people in Indonesia.
Danamas x NanoByte Partnership
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Three of the world’s most populous countries (China, India, and the USA) are becoming more stringent about cryptocurrency, while crypto supporters have been touting Indonesia as a future emerging market for the industry. When it comes to cryptocurrency, Indonesia is way ahead of many nations. With a population of over 270 million and being one of the fastest-growing economies in the world, the future of this avenue seems promising. Its government is also open to crypto, with its President (Joko Widodo) actively encouraging Indonesians to learn more and improve their skill set around new tech, including crypto.
Despite huge opportunities in Indonesia, there are only around 7 million crypto investors in the country – or less than 3% of its total population. NanoByte Token (NBT) was launched last month, aiming to become a pioneer of crypto adoption in the fourth most populated country in the world. NanoByte is affiliated with Nanovest, an investment application to trade US stocks and cryptocurrency, based in Indonesia. It has already gained the support of more than 2 million people in Indonesia during its beta launch. Today, they finally announced their latest innovation: the first-ever instant fiat loan with NanoByte through a partnership with Danamas, a subsidiary of the Sinarmas Financial Service company.
Sinarmas Financial Service is a leading financial services provider in Indonesia that provides an integrated and comprehensive range of financial services, including Banking, Insurance, Financing, Capital Markets, Asset Management, Share Administration, Security, and Information Technology. Sinarmas Financial Service is also part of the conglomerate group Sinarmas whose presence in Indonesia dates back to the 1930s.
NanoByte’s partnership with Danamas is one of the first maneuvers of making crypto assets accepted in the full suite of the traditional financial ecosystem in Indonesia.
As a crypto project, the Nanobyte Token (NBT) is now available through the centralized exchange platform Tokocrypto, Binance’s portfolio in Indonesia. In the global market, it is accessible through Pancakeswap and Uniswap.
Nanovest’s CEO, Hutama Pastika, said the partnership between Nanobyte and Danamas in providing NBT as an instant loan application service facility will be effective as of 19th April, 2022.
“The latest scheme in the crypto-asset-based instant lending services (NBT) is expected to encourage education and be a proof to crypto enthusiasts with all Indonesian people of what kind of amazing things a digital asset can provide. Hopefully, all of these efforts can foster people’s trust that this new investment instrument is not that difficult and perfectly safe for everyone.”
The NBT asset-based instant loan offered by Nanobyte and Danamas is an innovative project, claimed to be the first of its kind in the world. All Indonesians who are interested in applying for a loan can do so as long as they have NBT and are available to join this program.
“Danamas and Sinarmas Financial Service discover that today’s young generation has begun to get more literate in investment and invest a lot through digital currency. Through this partnership, NanoByte token holders can get instant loans with up to 80% lower interest than what they normally get in the market,” Danamas’s CEO, Joyce Andries said.
To date, crypto-based projects are often seen as risky, scary, and unstable investments. Through this innovation, Danamas and Sinarmas Financial Service intend to boost the adoption of crypto assets by introducing a new channel that is more reliable and relatable to the novice. Hopefully, it can drive greater and faster growth of the crypto industry in Indonesia, the Asia Pacific region, and across the globe. The bases are formed, and the growth has begun. It can only get bigger and brighter from here.
About NanoByte Token (NBT)
NanoByte Token aims to bridge cryptocurrency to the traditional/conventional currency system; by creating utility for cryptocurrency in products such as e-money, credit cards, insurance, and other investments. NBT’s home market is Indonesia, the 4th largest country in the world with 270 million lives. After its initial launch in Indonesia, NanoByte is exploring opportunities in more countries. NBT has a unique position to make crypto legitimate and mainstream because of the support that it gets from both traditional financial institutions and new-age crypto institutions. Some of the big names who are partnering with NBT include Sinar Mas Financial Services (one of the largest financial institutions and a diversified group in Southeast Asia), Tokocrypto (the largest crypto exchange in Indonesia), and Agate International (the largest game developer in Indonesia).
Nanobyte Website | Instagram | Twitter | Telegram | Medium | YouTube
About Danamas and Sinarmas Financial Service
Danamas is a company that was founded in 2000 under the name PT. Komunindo Arga Digital, the company later changed its name to PT Pasar Dana Loan which was established under the auspices of Sinarmas Financial Service, a leading financial services provider in Indonesia. Danamas is also a member of the Indonesian Fintech Association (AFPI). The company is committed to helping business people, especially MSME fighters to develop their businesses, as well as employees/workers to get loans by way of submission and easy.
Danamas Website | Instagram | YouTube
Contact:
Cindy Claudia
+6281372738935
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121709
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
-
Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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