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Bangkok Post
Bangkok Post
Business
SUCHIT LEESA-NGUANSUK

IBM lauds Thai blockchain

Jerry Cuomo, IBM Fellow and vice president for Blockchain technologies, IBM Corporation

IBM Corporation says Thailand is among the 90th percentile of countries actively embracing blockchain technologies in business.

"Organisations in Thailand across diverse industries such as the banking and retail sectors are looking to adopt blockchain technologies in business," said Jerry Cuomo, vice-president for blockchain technologies at IBM.

Mr Cuomo told the Bangkok Post that there are several initiatives to make Thailand a blockchain-conducive country. One is the Bank of Thailand's wholesale central bank digital currency (CBDC), which will be used for interbank fund transfers.

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