Showing 21 - 30 of 44
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.
Rules a boon for future of crypto
Oped, Published on 16/03/2022
» The hottest tech trends across Asia are undoubtedly crypto and non-fungible tokens (NFTs). Amidst it all, Thailand is making waves in the industry by increasing its support for homegrown crypto traders and investors in a bid to make the country more crypto-friendly.
'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.
Thai economy to see uptick in 2022
Oped, Kirida Bhaopichitr, Published on 12/01/2022
» The Thai economy will continue its recovery from last year, but is yet to reach pre-Covid levels. However, the situation is a tad better from last year. In 2022, economic growth is expected to rise by 3.5-4.0%, against 0.8% last year and 1% in 2020. This growth rate, however, still does not put the Thai economy back to its 6.1% growth level in 2019. The value of the Thai economy or its gross domestic product (GDP) is forecast to reach its 2019 level in 2023.
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).
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.
Crypto gets shot in arm
News, Editorial, Published on 08/11/2021
» The future outlook for cryptocurrencies in Thailand is promising after SCBx Group acquired 51% of Thailand's leading digital asset exchange, Bitkub Online Co, with a huge investment value of 17.85 billion baht.
Thailand's fintech comes of age
Oped, Published on 28/07/2021
» While the Covid-19 pandemic has adversely disrupted many industries globally, it has positively disrupted the finance sector -- especially in accelerating the evolution of FinTech solutions.
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.
