Hungary and Thailand partner to promote blockchain technology in financial services.
The two sides hope to share experience and produce ideas for alternative services as part of their new partnership.The Thai Fintech Association and Hungary’s Blockchain Coalition have signed a Memorandum of Understanding to support the introduction of new technologies to their financial markets. The agreement was inked during the first edition of the “Thai-Hungarian Fintech Forum: Powering the Financial Revolution Together,” the Bangkok Post reported on Saturday.
Digital financial services such as e-commerce, mobile payments and digital currency are growing rapidly in Thailand, with its increasing number ofholders, pointed out Chonladet Khemarattana, president of the Thai Fintech Association. In his opinion, the further development of financial technology requires international cooperation. He elaborated: