Thailand develops cryptourism and consider the issue of Utility tokens -
Thailand develops cryptourism and consider the issue of Utility tokens -
Looking for ways to heal his travel industry affected by the pandemic, Thailand now recognizes the opportunity to open up a growing market of cryptocurrency owners. Promoting a "cryptotorism atmosphere" is the goal of the country's tourism agency, among other things by the characteristics of a new tokens and the facilitating of Bitcoin card payments.
The Tourism Board of Thailand plans the hiring new coin to boost demand from the cryptoma market
The Thai tourism authority (act) consider how it can benefit from the growing global crypto user base and has the idea of doing its own utility token called. To publish coin. The Bangkok Post announced on Wednesday that the committee wants to check relevant regulations and the feasibility of such a project before the initiative starts.
The state agency now has talks with the Thailand stock exchange about the possible introduction of the token, according to the report, citing Tat-GouVerneur Yuthasak Supasorn. TAT COIN would enable the transfer of travel vouchers to digital tokens that could help the operators win more liquidity, added the newspaper without being the subject of speculative trade.
It is also clear whether the tourism association is authorized to issue a digital currency. In any case, Yuthaak emphasized that technology is changing the world and cryptocurrency is part of this process. In his opinion, did the opportunity to take the opportunity and strengthen the competitiveness of the Thai tourism sector, which is seriously affected by the spread of Covid-19. The official continued:We have to prepare the digital infrastructure and digital competence for our tourism companies in order to start with cryptotourism, since the traditional business model may not keep up with the new changes.
The short -term goal of the crime is to increase income in the industry by attracting potential travelers and visitors. According to the report, the long-term plan is to update the country's business and leisure tourism platform in cooperation with Bitkub, a local cryptocurrency exchange.
The authority hopes that the future act. To be able to use coin, or a non-fungbles token ( nft ) to promote demand from the cryptocurrency market and to increase traffic at certain tourist attractions. Jirayut Srupsrisopa, CEO from Bitkub, was quoted with the determination that the global crypto market capitalization is now four times larger than the Thai gross domestic product (GDP).
The Thai tourism authority is also considering offering Bitcoin debit cards at the country's airports as part of its initiative to create a "cryptotourism atmosphere". According to the agency, crypto nomads can use these cards to make purchases on their travels without having to pay high fees on ATMs or exchange offices. In August, Bank of Thailand announced. can.Do you believe that Thailand will be a crypto -friendly travel destination? Share your expectations in the comment area below.
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