The Thai Ministry of Commerce has begun to conduct feasibility studies on the use of blockchain in copyright, agriculture, and trade finance, English-language Thai newspaper Bangkok Post reports Tuesday, Oct. 9.
A Thai official from Thailand’s Trade Policy and Strategy Office (TPSO), Pimchanok Vonkorpon, told the Bangkok Post that the study is being conducted with the help of the British embassy in Bangkok. As per the article, the ministry wants to find out whether decentralized solutions can boost the country’s competitiveness and credibility, especially in relation to small business.