Bitkub Blockchain Technology and Finstable, developer of a centralised and decentralised financial (CeDeFi) services platform, have signed a memorandum of understanding with Phuket Town to integrate blockchain into the city’s economic development plan.
Both parties said blockchain technology will play an integral part in driving both the physical and digital economy, as every age group in Phuket has increasingly shown interest in the technology.
In addition to revolutionising the business and financial worlds, blockchain technology will be used to facilitate governmental processes, said Passakorn Pannok, chief executive of Bitkub Blockchain Technology.
He said that to create additional opportunities in the era of blockchain expansion, both his company and Finstable will collaborate to enhance the technology’s efficiency and utilisation.
The partnership’s…
