Tagged: project inthanon

May 4, 2021 @ 7:05 pm By JD Alois  |  

The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in Project Inthanon,… Read More

May 8, 2019 @ 9:49 am By JD Alois  |  

The Bank of Thailand is moving forward with developing a Central Bank Digital Currency (CBDC). The initiative labeled Project Inthanon, has developed a prototype CBDC in partnership with R3 and Wipro (NYSE: WIT). The Bank of Thailand is also working with eight commercial banks in… Read More

November 20, 2018 @ 1:34 am By Cali Haan  |  

Veerathai Santiprabhob, the Governor of the Bank of Thailand (BoT), has laid to rest any notion that the general population of Thailand will be using a digital currency exclusively any time soon, Chiang Rai Times reports. The governor is more upbeat about prospects of his bank’s… Read More

August 24, 2018 @ 4:23 pm By Cali Haan  |  

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More