Bitcoin Advocate Elected to Thailand’s Parliament

Asia Blockchain Review
June 8, 2019

After Thailand’s general election on March 24th, 2019, Future Forward Party member Pakornwut Udompipatskul a known supporter of blockchain technology and Bitcoin was elected as MP into the Lower House of Representatives.

With a pro-blockchain legislator in the National Assembly of Thailand, industry stakeholders are closely following developments in the country for signs of blockchain and cryptocurrency support in the coming administration.

A Crypto-Friendly Future Awaits in Thailand

According to local crypto news outlet Siam Blockchain, newly-elected Representative Pakornwut Udompipatskul posted online a group photograph of the Future Forward Party MPs who joined a recent meeting at the House of Representatives.

 

Developers and experts in the blockchain ecosystem have recognized the MP as a supporter of the technology. Prior to his election, Pakornwut was the founder of Bitcoin Center Thailand, a learning center that provided courses in blockchain and cryptocurrency-related skills while serving as a hub for the growing community of crypto enthusiasts.

Blockchain Adoption Expected in Thai Government Services

As part of a new generation of Thai lawmakers, Pakornwut is expected to further drive the development of blockchain and crypto in the country.

He previously urged the Thai government to adopt blockchain as a common platform for public data to promote transparency and accessibility. According to his Facebook post, the MP stated:

“As a co-founder and CEO of Bitcoin Center Thailand, the country’s first blockchain learning center, I had the opportunity to work in this industry and gave talks on blockchain and cryptocurrencies. Technology can be used to make the world a better place if we handle it well. With technology, we can solve problems efficiently and offer more convenience to citizens.”

Related Article
South Korea’s Postal Service to Adopt Blockchain for Billing
South Korea’s national postal service is partnering with Coinplug to apply the technology to its bil...

June 19, 2019

Relex Crypto Platform Endorsed by Over $600M Vietnam Seaport Project
The investment platform has been endorsed by a seaport development project in its request for invest...

June 18, 2019

South Korean Power Providers to Set up Blockchain System for Energy Certificates
The agreement will establish a blockchain-powered system to improve transparency and efficiency of t...

June 18, 2019

‘F1 Delta Time’ Offers In-Game Items Stored on Blockchain
A Hong Kong-based game developer is integrating blockchain into its titles to allow permanent owners...

June 18, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us