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Bank of Thailand, IBM to launch blockchain-based government savings bond

News | Cryptocurrencies | 05 Oct 2020

US-based IBM has teamed up with Bank of Thailand (BOT) to launch a blockchain-based platform for government savings bonds, using IBM blockchain technology.

Bank of Thailand, IBM, blockchain, savings bonds, USA, Thailand

Thailand, Cambodia launch cross-border QR payments

News | Mobile Payments | 20 Feb 2020

BOT (Bank of Thailand) and NBC (National Bank of Cambodia) have jointly announced the launch of a QR code-based retail payments link between the two Southeast Asian countries, according to Regulation Asia.

Thailand, Cambodia, cross-border, QR payments, retail payment, Bank of Thailand, National Bank of Cambodia, financial inclusion

Thailand's central bank allows commercial banks to use facial recognition

News | Digital Identity, Security & Online Fraud | 07 Feb 2020

The Thai central bank has given the green light for six commercial banks to offer facial recognition using the e-KYC technology.

Bank of Thailand, commercial banks, facial recognition, central bank, Thailand, e-KYC, accounts, biometrics, verification, identity theft, fraud

Bank of Thailand moves debit cards from mag stripe to chip

News | Cards | 23 Sep 2019

Bank of Thailand has announced that transactions via ATMs or card-swiping machines will no longer be possible after 15 January 2020.

Bank of Thailand, debit card, mag stripe, chip, Thailand

Bank of Thailand reveals blockchain solution for digital currency project

News | Cryptocurrencies | 08 May 2019

Thailand’s central bank, Bank of Thailand (BoT), has built a blockchain-based prototype solution, in order to moved ahead with its digital currency project.

Thailand, Bank of Thailand, central bank, blockchain, digital currency, cryptocurrency, banks, partnership, banking, decentralised interbank, RTGS, CBDC, payments

Thailand to implement blockchain in financial services

News | E-invoicing, SCF & E-procurement | 18 Jul 2018

Bank of Thailand has announced at the Bloomberg Asian Business Summit that the government is looking to embrace blockchain technology.

Thailand, Bank of Thailand, blockchain, financial services, cross-border payments, supply chain financing, document authentication, regulatory reform

Bank of Thailand to use blockchain and digital currency

News | Cryptocurrencies | 12 Jun 2018

Bank of Thailand has announced that it is currently developing and testing blockchain applications in the bank’s regulatory sandbox.

Bank of Thailand, Thailand, blockchain, digital currency, supply chain finance, bond issuance, letters of guarantee, Thai Security Exchange Commission