He added that those who have no smartphones or internet access will be provided with alternative methods of spending, such as a QR code that can be used by their relatives on their behalf. The code will be generated by state financial institutes with no registration required.
Julapun also said that the digital money is not a new digital currency, but a right to use the baht currency in digital format, in which one digital baht equals one baht.
He added that the money will be distributed via a new application, not the Pao Tang app used by the previous government.
“This app will be executed on a blockchain system that the government will establish and use to strengthen the country’s digital infrastructure,” he said, adding that this ‘super app’ will have superior security and can monitor the spending to prevent misuse.
“The digital wallet scheme, together with the…
