'Noah' cryptocurrency seen funding projects in Mindanao

MANILA - A new cryptocurrency is going to be used to finance various projects in Mindanao and other parts of the Philippines, one of Japan's "cryptocurrency evangelists" said in an exclusive interview with ANC's Market Edge. 

The "Noah" coin will be used for tourism, organic agriculture and real estate projects in Mindanao, said Tadashi Izumi, one of Japan's leading experts on cryptocurrencies. 

As Cathy Yang reports, a major resort in Zamboanga owned by a prominent political family is already planning to use the Noah coins.