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Will Singapore launch a people's digital currency — and support DeFi?

A newsletter with the latest weekly insights on emerging tech in Asia Sign up Will Singapore launch a peopleโ€™s digital currency โ€” and support DeFi? As Singapore builds Project Dunbar, a cross-border multiple-CBDC platform, its government dives into DeFi learning and ponders a CBDC for the masses. As public interest in cryptocurrencies and decentralized finance (DeFi) grows by leaps and bounds, the politicians in Singapore, too, want to understand what the underlying blockchain technology is...
United Arab Emirates South Korea Hong Kong Samit Ghosh America Merrill Lynch Tharman Shanmugaratnam

The Bank of Thailand Publishes Paper on Central Bank Digital Currencies: The Way Forward

The Bank of Thailand Publishes Paper on Central Bank Digital Currencies: The Way Forward The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in Project Inthanon, a CBDC initiative. The project developed aย prototype CBDC in partnership with R3 and Wipro (NYSE: WIT). Th...
Krung Thep Mahanakhon Phra Nakhon Si Ayutthaya Krungthai Bank Thanachart Bank Siam Commercial Bank Bangkok Bank

Financial services sector sees cloud technology enabling ambitious

Article by Thawipong Anotaisinthawee, country manager, Nutanix (Thailand) Over the past year, traditional financial services companies have woken up to the possibility of change. Though historically slow to embrace new technologies, the sector has been at the forefront of corporate transformation efforts as it looks for ways to retain and engage customers in the face of lockdowns and a rise in competition from more agile fintech players. According to the Bank of Thailand (BOT), one of the most ...
Thawipong Anotaisinthawee National Digital T Leasing Co Ltd Financial Services Enterprise Cloud Index Senior Com Co Ltd Ledger Technology
Source: ryt9.com

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