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Thailand’s biggest shopping center trialing digital currency

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Central Retail Corp, a major Thai retail company, has announced a test of its virtual currency, “C-Coin.”

 

Central Retail Corp, a leading firm in Thailand’s retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg. 

 

The “C-Coin,” a blockchain-powered cryptocurrency, is being offered to 80,000 Central Retail Corp employees around the world as a reward for exceptional performance as a bonus to their usual salary.

 

While holders can use C-Coin to pay for meals and buy items and services from Central Retail’s partners using it, this is just a test project for Central Retail Corp. The long-term objective of the firm is to transition to cashless societies and venture into the e-commerce industry.

 

Full story: https://cointelegraph.com/news/thailand-s-biggest-shopping-center-trialing-digital-currency

 

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-- © Copyright COINTELEGRAPH 2021-10-29
 

 

 

Will that picture be declared anti-religious or will we now see a new Bangkok 100 ft statue of the same design ? 

I wonder if one day employees of Central Retail Corp will be paid only with C-Coin?

Anyone willingly purchasing these coins needs to be jettisoned from earth.

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