What is Noah Coin ? How Does It Work?

by | May 19, 2018 | Blockchain, Cryptocurrency, Cryptocurrency News


Noah Coin is the world’s first cryptocurrency that supports economic growth through blockchain technology. Using blockchain-powered applications for Remittance, B2B and B2C Payments, as well as partnerships with major Philippine real estate projects and more, it aims to bridge the gap between Japanese and Filipino citizens, travelers and businesses. The Noah Project will launch Noah Coin (NOAH), which is its own cryptocurrency to be used in its ecosystem by members and users.

The project is implemented by the parent organization, the non-profit Noah Foundation. The project works to issue Noah Coin, perform development on Noah City, perform infrastructure development, use funds raised into advertisements and promotions, spread the token, and ensure the circulation of the Noah Coin.

  • Noah Coin is a cryptocurrency token issued by The Noah Project using ERC20, which resides on the Ethereum Blockchain. The token was initially sold in the Japanese market. The purpose of these tokens is to allow users to use these coins in the Noah Project ecosystem for discounts, rebates, purchases, rentals, amenities, as well as using the Noah Wallet app and Ark Remit system.
  • They will also be able to trade these coins on Cryptocurrency exchanges if they wish, allowing others to buy and use them if they  wish to get access to any project developed by the Noah team.
  • One of the main benefits of the Noah Coin is for the remittances of the OFW (Overseas Filipino Workers) market. It is a promising method for Filipino workers who have gone overseas to earn income for their families when sending money back home. The size of this market has risen to three trillion yen.
  • The Noah Project is planning to build Noah City as a location making up a part of the Horizon Manila area in which Noah Coins will be used as the local infrastructure token.

In early 2018 the Noah Project successfully completed an ICO and now its coins are listed and traded HitBTC,Changelly, Livecoin, Mercatox and BTC-Alpha cryptocurrency exchanges. The team is actively working on the company’s expansion and implementation of the Noah’s products. Everyone who wishes to become a part of the cryptocurrency future together with the Noah Project is welcome to join the growing community on Telegram, follow the project on Facebook and Twitter.

Noah Wallet

The Noah Wallet is a cryptocurrency application to be made available for free on iOS, Android, and Web platforms. The wallet will allow users to send and receive cryptocurrencies like Bitcoin, Ether, and Ripple, as well as its own cryptocurrency called Noah Coin (NOAH). The wallet will also allow users to make payments in the Noah ecosystem.

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