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Thai government to distribute 10,000 baht through Pao Tang digital wallet next year


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Prime Minister Srettha Thavisin confirmed the distribution of 10,000 baht through the Pao Tang digital wallet, indicating readiness with over 1.8 million familiar shops. The public can start using it from May next year.

 

At 2pm this afternoon, at the Government House, the 61 year old prime minister and Finance Minister, announced the policy of the 10,000 baht top-up program through the digital wallet. He addressed concerns about the ease of use and participation, announcing the development of the Pao Tang digital wallet system, which has 40 million registered public users and over 1.8 million familiar shops. Pao Tang is technologically ready to reduce time and budget duplication.

 

The Ministry of Finance is familiar with the supervision and prevention of various forms of corruption. They will develop a Pao Tang digital wallet with blockchain technology in the background as a basic structure to prevent corruption. If anyone breaches the system, it can be checked immediately.

 

Having a blockchain will develop basic structures, create transparency, and reduce tangible corruption. This can be used once it passes the interpretation by the attorney general by the end of this year. Introduced to the parliament early next year, the budget will be prepared and the public can use it from May next year, reported KhaoSod.

 

By Puntid Tantivangphaisal

Caption: Photo courtesy of Bangkok Post

 

Full story: The Thaiger 2023-11-10

 

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