In Thailand, there’s a broad private sector initiative to develop a National Digital Trade Platform (NDTP). We previously reported that
NTT Data completed a trial for the project. Additionally, on November 7,
OneConnect, the blockchain and AI arm of China’s Ping An insurance conducted a proof of value (PoV) workshop. Hence it’s at an earlier stage compared to NTT Data.
The meeting was attended by over 25 representatives of the Thailand Banking Association and the Federation of Thai Industries. The goal was to demonstrate OneConnect’s ability to use blockchain for securely sharing data between enterprises over a digital trade platform.
Thailand is trying to develop a digital trading platform to link with the National Single Window and other similar platforms in the region. The effort is to boost trade in the ASEAN region while ensuring that all trade data is accurate. Blockchain promises to bring several trade stakeholders on a single platform to enable information exchange.
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