Thailand’s Central Bank Takes a Close Look At DeFi Use Cases
Smart contracts and decentralized finance (DeFi) became a hot topic in Thailand blockchain industry when the national central bank expressed interest in applying these innovations to the Digital Baht, Thailand’s digital currency.
The news is based on statements made by Vijak Sethaput, an executive at the central bank, in an interview chaired by the global think tank on central banking. Sethaput currently occupies a senior developer role for the Bank of Thailand’s (BoT) Central Bank Digital Currency (CBDC) project Inthanon.
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