The firm said last week it will issue 100 million JFin digital tokens for sale from March 1-31. Charl Kengchon, managing director, Kasikorn Research Centre (KResearch), said there are three major kinds of cryptocurrency, but most people pay attention to decentralised cryptocurrencies, especially bitcoin, which are the most popular. The third type of cryptocurrencies are those issued by central banks to increase efficiency in financial transactions and serve as digital wallets for consumers. In his opinion, there is no clear fundamental value inherent in decentralised cryptocurrencies such as bitcoin and similar digital tokens from an economic perspective, but the underlying blockchain technology is valuable to the economy. Bitcoin and other decentralised cryptocurrencies are the best known and most traded internationally with no central governing authority and wildly fluctuating prices.

Source: The Nation Bangkok January 20, 2018 14:46 UTC