PH startup to 
          revolutionize postal system
          By DTI-TIPG
          May 4, 2017
          MAKATI – The 
          Department of Trade and Industry’s Philippine Trade and Investment 
          Center (PTIC) in Singapore is working closely with four Filipinos from 
          Cebu who are presently based in Singapore, to officially introduce 
          Geopik, an app that will revolutionize the postal system in the 
          Philippines.
          Filipinos Francisco Liwa, 
          Ivan Lacuesta, Rodessa Padrigano and John Ryan Loyloy utilize the 
          digital address system using geohashing and geolocation technologies 
          similar to that used by apps such as Waze or Google Maps. 
          
          Geopik converts long 
          addresses or the absence of house numbers which is common in the 
          Philippines, into more exact, customizable and easy-to-remember single 
          codes. The app reduces the hassle brought by additional information to 
          the actual address such as “house with blue gate, in front of a mango 
          tree” by simply converting addresses to simple digital codes.
          Seeing the inefficiency in 
          the Philippines’ postal coding, the PH startup Geopik set out to offer 
          a solution to e-commerce, logistics, and other location-dependent 
          businesses.
          “It’s such a unique 
          experience to help build something and be part of its growth from the 
          very beginning. This is our way of taking charge of our future and 
          making an impact back home in the process,” said GeoPik co-founder 
          John Loyloy.
          Aligned with the Philippine 
          government’s thrust to develop an innovative entrepreneurial culture, 
          DTI supports startups and helps strengthen the innovation ecosystem in 
          the country through various initiatives such engaging startup 
          entrepreneurs. 
          
          In 2016, DTI launched the 
          QBO Innovation Hub situated at the DTI International Building, Makati 
          City. It is the first public-private innovation hub in the Philippines 
          that aims to provide support services to startup and innovation 
          entrepreneurs. The DTI partners with incubator and accelerator 
          Ideaspace Foundation, the Department of Science and Technology (DOST), 
          and JP Morgan. 
          
          In Singapore, parallel 
          initiatives are being done by the PTIC led by Commercial Counsellor 
          Glenn Peñaranda, who engages with the Filipino community by speaking 
          at investment seminars and online channels on entrepreneurship with 
          the goal of providing more job opportunities for Filipinos. 
          
          “Startups play a pivotal 
          role in driving innovation and economic growth hence we are happy to 
          help GeoPik reach out to decision-makers and to potential users. We 
          also look forward to work with more Filipino startups here in 
          Singapore and the region and help them scale up,” said Commercial 
          Counsellor Peñaranda.