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Wednesday, May 8, 2024

Pheu Thai’s digital wallet under scrutiny

Analysts question the party’s goals

The campaign pledge involves a 10,000-baht digital handout to every Thai aged 16 and older, delivered to a smartphone.

Blockchain and technology analysts believe the Pheu Thai Party’s digital wallet scheme could create a new digital payment infrastructure and stimulate the economy.

However, they said the scheme might not need to include blockchain technology, while there is no need to create a new digital wallet application to implement the project.

The planned digital wallet scheme using blockchain was a party pledge during the…

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