Blockchain in Thailand and the World Blockchain Summit Bangkok
Join us on a journey through Thailand's digital landscape, where blockchain and asset tokenization take centre stage in reshaping the nation's economy. The World Blockchain Summit emerges, inviting enthusiasts to engage with Thailands tech-driven future, where innovation meets economic advancement.
World Blockchain Summit
We are excited to announce that blocksquare will be attending the upcoming World Blockchain Summit (WBS) event in Thailand, where experts and enthusiasts will gather to discuss the latest trends and developments in the blockchain and digital asset space.
The event will provide a platform for Web 3.0 networking, knowledge sharing, and collaboration among industry leaders, innovators, and stakeholders. Julia Buchholz and Daniel Kaines from Blocksquare will be attending the event and would be delighted to meet you!
Several developments related to blockchain, and digital asset tokenization are taking place in Thailand and they show great commitment to leverage technology to advance it’s financial markets and overall economic landscape.
Blocksquare is strategically partnering with key industry stakeholders to facilitate the broader adoption of asset tokenization. We are committed to establishing collaborations with relevant and influential individuals and organizations in the pursuit of advancing this initiative.
Thailand's innovative projects!
Binance Launches Digital Asset Exchange
Cryptocurrency giant Binance has begun operating a digital asset exchange in Thailand, in partnership with Gulf Energy Development. The exchange, Binance.th, is currently accessible by invitation only and plans to open to the general public in early 2024.
Pro-Crypto Leader's Initiative
Thailand's new Prime Minister, Srettha Thavisin, has promised to give 10,000 baht through digital wallets to every Thai citizen aged 16 years and above. The digital money, valid for six months, can be spent within four kilometres of a recipient's home and can be accessed using national ID cards.
The Board of Investment in Thailand has emphasized the need for a shift from the country's traditional manufacturing focus towards embracing future industries. The key strategy involves harnessing digital technology to enhance production efficiency and boost competitiveness.
It is anticipated that by the year 2027, the digital economy will play a significant role, contributing 25% to Thailand's GDP.
Blockchain Genesis
The Blockchain Genesis, Thailand Blockchain Week 2023 was a significant event that took place in Thailand. It was the largest blockchain conference in Thailand, featuring over 60 sessions and 150 global speakers.
The event aimed to explore the future of digital assets and provide knowledge and insights into blockchain, crypto, and digital assets which Daniel Kaines our Head of Risk attended.
The World Blockchain Summit (WBS)
The WBS event will provide a valuable opportunity to explore the potential of blockchain and digital assets in the Thai market and beyond. It is the place to be to engage with key stakeholders shaping the industry's future.
We look forward to seeing you there, where we will delve into the latest trends, opportunities, and challenges in the dynamic world of blockchain and digital assets.
These developments indicate a growing interest and investment in blockchain and digital asset tokenization in Thailand, both from the private and public sectors whilst creating sustainable cities.
More about WBS Bangkok 2023 here.