KBank Develops Blockchain through the Stanford Thailand Research Consortium 

Asia Blockchain Review
October 15, 2019

Major Thai commercial bank, Kasikorn Bank or KBank, has revealed that as part of its mission to develop sustainable social growth in Thailand’s economy, it will be looking into how blockchain technology can help drive local communities to become more financially independent. 

Driving Sustainable Growth in Thailand

Kattiya Indaravijaya, President of KBank, said the bank is keen to address emerging problems in Thai society and be a part of sustainable growth in the economy and environment through partnerships with government agencies or the public sector; in this case, through the Stanford Thailand Research Consortium. She stated:

“Our partnership with the Stanford Thailand Research Consortium will help solve many challenges in Thailand and seek how to tackle these matters. Given Stanford’s strength in transformational leadership, we are certain that this should be a crucial mechanism for embedding sustainability mindset for everyone to sustainable develop Thailand altogether from both ‘Do Good’ and ‘Do Well’ aspects.”

Kattiya added that emerging technologies such as blockchain can also play a vital role in driving sustainability for the Thai people, with the bank looking into ways to implement the technology.

Businesses and Academics Join Forces

The Stanford Thailand Research Consortium, launched in 2018, is a five-year project and the first-ever research consortium made up of an extended pool of Stanford resources, with 22 professors and faculty experts from 9 schools to perform all-encompassing research in Thailand. 

The consortium has also gathered leading Thai companies that have pledged to help the country develop into a digital, intelligence-driven economy. According to the consortium, the central themes to drive development in Thailand are raising human values, increasing economic prosperity, social well-being and environmental protection.          

Source: https://www.thereporter.asia

About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    Blockchain Enables Verification of COVID-19 Immunity
    Given the virus is not going to disappear in a hurry and we are some time away from vaccinating the ...

    November 21, 2020

    Illicit Cryptocurrency Activity: A Concern
    Market regulators such as SEC has accepted cryptocurrencies as a financial instrument and are consta...

    November 20, 2020

    IBM Using Blockchain to Help Businesses Reopen during COVID-19
    IBM’s healthcare unit, IBM Watson recently announced that they will soon be launching an app to supp...

    November 20, 2020

    Canadian Pacific Railway Collaborates with TradeLens
    Canadian Pacific Railway recently collaborated with TradeLens in a bid to improve its efficacy as an...

    November 19, 2020

    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