Bank of Thailand Completes First Phase Of Wholesale Cryptocurrency Project

Blockchain, News | January 31, 2019 By:

The Bank of Thailand (BOT), the country’s central bank, has published a report on the outcome and findings of the first phase of its wholesale Central Bank Digital Currency (CBDC) project.

The wholesale CBDC initiative, called Project Inthanon, explores the potential in using distributed ledger technology (DLT) to enhance Thailand’s financial infrastructure and to encourage collaborative learning among involved parties.