Innovative Asian Blockchain Companies Who Are Taking Over

Innovative Asian Blockchain Companies Who Are Taking Over

Innovative Asian Blockchain Companies Who Are Taking Over The acceptance and regulation of cryptocurrency in Asia may be polarised depending on location, but one thing is for sure. Companies spanning the whole of Asia value blockchain technology and are putting it to good use Asia has always been at the forefront of technological innovation, and…

Thailand prepares for cryptocurrency challenges

Thailand prepares for cryptocurrency challenges

Thailand prepares for cryptocurrency challenges Thailand is moving toward a cashless society. Bank notes and coins are set to become obsolete while transactions via electronic payments have increased over recent years. The plan to launch a new currency next year is ambitious and controversial, as Libra is scrutinized by central banks around the globe, including…

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its website. Per the announcement, the project, which has been ongoing since mid-2018,…

Thailand's Leading Commercial Bank and State Oil Company effectively piloted Blockchain Payments

Thailand’s Leading Commercial Bank and State Oil Company effectively piloted Blockchain Payments

Thailand’s Leading Commercial Bank and State Oil Company effectively piloted Blockchain Payments Leading Commercial Bank of Thailand, Siam Commercial Bank (SCB) and State Oil Company PPT Exploration and Production Public Company Limited (PTTEP) Completed a successful test of blockchain use for cross-border business-to-business payments. The successful pilot has been declared by the bank on its website. According…