Blockchain is a way of structuring data in a way that makes an immutable, distributed, chronological, public ledger of transactions. Blockchain is the technology that makes Bitcoin and other cryptocurrencies possible. However, cryptocurrencies (like Bitcoin) are just the easiest way to leverage blockchain technology. What does that mean to Thailand, you, your business and the future economic development of your finance, banking, travel, medical and emerging markets in Thailand? Join us at the Bangkok Blockchain Conference on December 6, 2018 as we explore what exactly distributed ledger technology (aka Blockchain) is, why everyone from local, state and international Governments, to the UN, IMF and Global Fortune 500 companies are investing billions into this new technology that is being called the “Internet 3.0”. More importantly, we’ll discuss what does this mean for Thailand and what strategic and practical steps can Thailand take to be part of the Internet 3.0.
Thailand has emerged as one of the most interesting development hub for cryptocurrencies and blockchain in Southeast Asia in 2018. While the world is yet to decide the category for cryptocurrencies and digital asset, the Thai government has welcomed the cryptocurrency projects and exchanges. The University of the Thai Chamber of Commerce (UTCC) recently forecast that the total value of the country’s digital economy will reach 3.15 trillion baht in 2018, up 24.6% year-on-year. This shows that the nation is strategically positioned to become Southeast Asia’s next blockchain hub after Singapore.