Thai Bank Launches Blockchain-Based Government Savings Bond Issue Platform

According to Coindesk on September 15, the Thai financial institution announced on Friday that it has developed a blockchain-based government mortgage release platform. According to the report, the Bank of Thailand sold 50 billion baht (about $ 1.6 billion) in government savings in one week. The applicant also pointed out that the blockchain platform will help create a safer and more cost-effective advertising process for government contracts and lower operating costs. In the next phase, we will expand our infrastructure to support all other government funds.