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Search Result for “blockchain”

Showing 11 - 20 of 25

OPINION

How can web3 technology help protect privacy?

Oped, Published on 14/09/2022

» The US Department of the Treasury's Office of Foreign Assets Control last month sanctioned a technology called Tornado Cash, on the grounds that it "has been used to launder more than $7 billion (over 253 billion baht) worth of virtual currency since its creation in 2019". Such enforcement measures are nothing new. But what makes this case unique is that Tornado Cash is a piece of open-source software.

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OPINION

How new tech can help forge trust

News, Published on 04/04/2022

» Twitter recently added a feature that lets users identify themselves with an NFT picture, distinguished by a new hexagonal border, rather than just a regular profile photo. An NFT (short for non-fungible token) is a digital commodity, typically an image, whose ownership is recorded on a ledger stored on a blockchain.

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OPINION

'Worthless, risky' cryptocurrencies should be banned

Oped, Published on 12/02/2022

» The price of Bitcoin has undergone yet another wild gyration, rising from $41,030 (1.3 million baht) on Sept 29, 2021, to $69,000 on Nov 10, 2021, before falling back to $35,075 on Jan 23. That is its second-largest decline in absolute value, though it has suffered larger declines in percentage terms, such as between Dec 15, 2017, and Dec 14, 2018, when it fell by 83.8%. More broadly, the cryptocurrency market (comprising some 12,278 coins) was estimated to be worth $3.3 trillion on Nov 8, 2021, before plummeting to $1.75 trillion as of Jan 30.

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OPINION

Weighing the value of cryptocurrencies

Oped, Chartchai Parasuk, Published on 16/12/2021

» I am sure that almost everybody has heard about cryptocurrencies. Some might even be investing in them. But few understand what are they really for and, most importantly, how should they be valued? As of Dec 15, one Bitcoin had a market price of US$48,144 (slightly over 1.6 million baht per coin).

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OPINION

Keeping up with crypto

Oped, Editorial, Published on 06/12/2021

» Thailand's digital financial service industry is doing well when giant retail businesses have intergrated cryptocurrency into their business transactions.

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OPINION

The Bitcoin fountainhead can't cure world's ills

Oped, Published on 23/10/2021

» With the price of Bitcoin reaching new highs, cryptocurrencies are here to stay. What implications will this have for money and politics?

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OPINION

Crypto: A curse worse than cash

Oped, Kenneth Rogoff, Published on 11/06/2021

» Ransomware -- a type of malicious software that restricts access to a computer system until a ransom is paid -- is not a good look for cryptocurrencies. Proponents of these digital coins would rather point to celebrity investors such as Tesla founder Elon Musk, Dallas Mavericks owner Mark Cuban, star football quarterback Tom Brady, or actress Maisie Williams (Arya in Game of Thrones). But recent ransomware attacks, and cryptocurrencies' central role in enabling them, are a public relations disaster.

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OPINION

Hurt the junta

Oped, Postbag, Published on 01/05/2021

» Re: "Myanmar: From diplomacy to force", (OpEd, April 30).

OPINION

New tricks for an old dog

Life, Pongpet Mekloy, Published on 21/10/2019

» With the constant evolution of the internet and digital technology, the world has changed furiously fast. Many aspects of life are no longer the same. At the age of 51, I know full well if I want to survive another decade I've got to learn a new skill. So I took up aikido.

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OPINION

Blockchain a key to Thai democracy

News, Published on 04/04/2019

» There has been a growing sense of global concern that people are losing interest in politics. However, this is not always the case, and certainly not in Thailand.