Mitihoon – Dr. Karin Boonlertvanich (second from right), Executive Vice President of KASIKORNBANK; Mr. Pisith Kulkanchanachewin (first from right), Managing Director of Orbix Technology and Innovation Co., Ltd.; Mr. Woo Hyoung Choi (second from left), CEO of Kbank and Mr. Chang Kyun Oh (first from left), Deputy CEO of BPMG, a leading blockchain technology service provider in South Korea, jointly signed a Memorandum of Understanding (MOU) to explore the solution for cross-border financial service solutions using blockchain between Thailand and South Korea. This collaboration involves exploring blockchain-based remittance solutions for legal Thai workers in South Korea, which will entail discussions with and seeking approval from relevant regulatory authorities before any future official launch. This partnership marks a significant step in enhancing cross-border remittance and payment systems to be faster, more secure, and more efficient, forming a crucial foundation for advancement of the regional financial infrastructure and reflecting the shared vision of both nations’ organizations in driving the digital economy. The MOU signing ceremony was recently held at The Athenee Hotel Bangkok, a Luxury Collection Hotel.
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