He added that the cooperation under the Thailand Blockchain Community Initiative demonstrated tangible progress in embracing the new technology in the financial and business sectors. BCI (Thailand) Co Ltd was formed to drive blockchain collaboration that will cover a growing number of services and stakeholders. To strengthen the collaboration under Thailand Blockchain Community Initiative, BCI (Thailand) is focusing on research and developing technologies and innovations. BCI (Thailand) was formed with initial capital from six Thai banks – Bangkok Bank, Krungthai, Bank of Ayudhya, Kasikornbank, TMB and Siam Commercial. BCI (Thailand) also received tech and legal support from six partners – Accenture Solutions, Baker & McKenzie, Processing Center, IBM Thailand, TBN Software and Kasikorn Business-Technology Group.

Source: The Nation Bangkok May 29, 2019 05:26 UTC