Bank of Thailand to build trial CBDC payment network

Bank of Thailand
George Johnson

The Bank of Thailand will develop a new prototype payment system as part of its trial central bank digital currency scheme, it announced on June 18.

The central bank’s CBDC prototype will be used by the Siam Cement Group. The company uses a blockchain network developed by Digital Ventures, the fintech arm of Siam Commercial Bank, to process payments between its suppliers.

“The project scope will include conducting a feasibility study and developing a process to integrate CBDC with the business

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact inf[email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: