Last week, the Thailand SEC Secretary-General Ruenvadee Suwanmongkol announced that blockchain is at the forefront of a master plan to improve the capital markets in the country, with a pilot project for corporate bonds.
The
Thai baht reigns as one of the best-performing currencies in Asia and serves as an indicator of the country’s economic stability. Additionally, the country is exploring other avenues to
boost trade and commerce. Complementing this effort is the SEC’s (Security & Exchange Commission) recent announcement of a Master Blueprint for the Thai Capital Market.
The goal is to use distributed ledger technology (DLT) to increase efficiency, reduce costs and increase access to capital markets for investors.
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