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Thailand CBDC

Proof of concept

Thailand

Central Bank(s)

Bank of Thailand

Announcement Year

2020

Status

Proof of concept

Retail/Wholesale

Retail

Structure

Token

Technology Provider

Giesecke+Devrient (G+D)

Technology

Filia

DLT / non-DLT

Non-DLT

Main motivation/goals of the CBDC

The BOT's main objective in exploring Retail CBDC is aimed at providing citizens with access to more convenient and secure financial services. In addition, the development of a Retail CBDC will support a technology-led future that is efficient and cost-effective, and contribute to the development of more diverse and innovative financial services.

Link to announcement

www.bot.or.th
Timeline

Last update: June 2024

June 2024

Updated data

Link to announcement: www.bot.or.th

March 2024

Updated data

Link to announcement: www.bot.or.th

June 2023

Updated data

Link to announcement: thethaiger.com

August 2022

Updated data

Link to announcement: www.gi-de.comwww.bot.or.th

June 2021

Status updated

None Proof of concept

Added data

Announcement Year: 2020

Retail/Wholesale: Retail

Structure: Token

Technology Provider: Giesecke+Devrient (G+D)

Technology: Filia

DLT / non-DLT: Non-DLT

Main motivation/goals of the CBDC: The BOT's main objective in exploring Retail CBDC is aimed at providing citizens with access to more convenient and secure financial services. In addition, the development of a Retail CBDC will support a technology-led future that is efficient and cost-effective, and contribute to the development of more diverse and innovative financial services.

Link to announcement: www.coindesk.comwww.bot.or.thwww.bot.or.thwww.bot.or.th

Country / Region: Thailand

Central Bank(s): Bank of Thailand

News