Asia news roundup: Alipay starts blockchain transfers, GrabPay goes live in Malaysia

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AlipayHK and GCash have launched a blockchain cross-border remittance corridor, which they say is the first of its kind in the world. / Photo credit: AlipayHK

A summary of the day’s top tech news.

Fintech

AlipayHK and GCash pioneer blockchain cross-border remittances for Filipino domestic workers (Hong Kong/The Philippines). The Alibaba-affiliated payments platform has partnered with Philippine firm GCash to link their respective mobile wallets using blockchain tech. The two claim that it’s the first blockchain-based cross-border digital wallet remittance service in the world. It offers a low-friction, low-cost way to

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