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Thai central bank preps CBDC-based prototype for businesses payments

by CBDC Insider Staff
June 19, 2020
in Asia, Business
Reading Time: 1min read
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Thai central bank preps CBDC-based prototype for businesses payments
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eginning next month, the CBDC prototype will be integrated with the procurement and financial management systems of Siam Cement and its suppliers.
Lasting until the end of the year, the project will help the central bank assess whether the use of a CBDC leads to higher payment efficiency for businesses such as increasing flexibility for fund transfers and faster and more agile payments between suppliers.

Continue read: https://www.finextra.com/newsarticle/36053/thai-central-bank-preps-cbdc-based-prototype-for-businesses-payments/wholesale

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