GSIS mobile application users exceed 500,000

GOVERNMENT Service

Insurance System’s (GSIS) mobile app recorded 506,040 registered users and an average of 25,000 users after a year of being available to the public.

The GSIS Touch mobile app also recorded 372,338 loan applications since its release, app developer OutSystems said in a statement on Thursday.

“Some of the most pressing issues that government agencies face today include the speed it takes to deliver a product or seamless service to the market. As a leading high-performance low-code platform, OutSystems hopes to improve business efficiency and lower operational costs as we continue to extend our services and assist more Philippine government agencies in their digital transformation efforts for the coming years,” OutSystems Asia-Pacific Vice-President Mark Weaser said.

GSIS leveraged on OutSystems’ platform to develop the mobile app, allowing over 2.5 million members and pensioners to apply for loans and tap services online, the application developer said.

The GSIS app was

Drill and Review: Integral Parts of the Lesson

By: CHRISTY JESSA G. TUASTUMBAN Teacher- 2 Katipunan National High School Sinacaban District Division of Misamis Occidental

In designing or planning a lesson, it is necessary to include activities to activate either prior knowledge or previously learned lesson before entering into a new one. After the activities, questions will follow to recall learners’ mastery. These are parts in preparing a lesson which are called drill and review.

Drill is a technique of developing mastery through repetitive learning of fixed responses, or patterns of responses to specific situations and conditions. The primary purpose for drill exercises therefore is to extend, reinforce and refine student’s capabilities. Review on the other hand, strengthens connections among materials/ lessons already learned. Also, review helps to recall. It aids in preparing the learners for a new techniques. Moreover, this review helps us in giving more attention to details. assets, the transfer of virtual assets and its safekeeping or adminstration.

Learners will know the value of doing “practice” because reviewing is practicing old skills before introducing a new one. These drill and review are the two interconnected parts of the lesson. They are inseparable. These parts are essential parts in the teaching and learning process to achieve positive learning progress. Therefore, teachers should always remember that drill and review are integral parts of the plan with only one goal, to target mastery of the lesson.

BSP Deputy Governor Chuchi G. Fonacier said in the December 2022 memo that there are persistent threats in the virtual asset world that affect practices and endanger the safety and security of customer funds, such as what happened in the FTX debacle, a cryptocurrency that went bankrupt last year.

Fonacier said all VASPs, particularly those providing safekeeping and administration services for virtual assets such as custodians, should ensure that customers’ virtual assets are not being used for any business activities other than for safekeeping on the customers’ behalf. VASPs facilitate the conversion or exchange of fiat currency to virtual assets or vice versa.

Fonacier also reminded all VASPs to be especially critical in assessing the risk profile of liquidity providers and check the following: license and registration status; the legal and supervisory framework of the jurisdiction from which the liquidity providers are domiciled; and supervisory/ enforcement capabilities of relevant regulatory bodies/ enforcement agencies.