Bank of Thailand Considers Blockchain for Cross‐Border Payments, Fraud Reduction


The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12.

The central bank’s governor Dr. Veerathai Santiprabhob stated that the bank was specifically reviewing blockchain applications for cross‐border payments, supply chain financing, and document authentication.

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