This past week, part of the Qtum team ventured to Thailand to share our knowledge of blockchain technology with local citizens, businesses, and government officials.

No matter where you go, people always illustrate some sort of patriotism. Thailand was no different. The Thai people were extremely open to finding out how blockchain technology could benefit them and their country.

In Thailand, Energo Labs CEO, Ray Chu, and Energo angel backer Bo Song, along with Qtum met with several institutions to enlighten people about the opportunities at hand.

We had lunch with Korn Dabbaransi, a former deputy prime minister of Thailand, and his son Ko Dabbaransi. The two were very open about the need to innovate and accelerate Thailand’s growing economy with blockchain technology and Qtum.

Korn Dabbaransi & Patrick Dai

Mr. Dabbaransi, who often speaks about the economic benefits of the One Belt One Road in Asia, immediately saw how blockchain technologies like Qtum could be synergistic to these multinational efforts.

After lunch, Mr. Dabbaransi introduced Qtum to several representatives from Krungsri Bank. Krungsri, who is a member of MUFG’s global financial group, was very aware of distributed ledger technologies because MUFG is a member of Ripple’s Global Payments Steering Group.

Qtum at Krungsri

Realizing how Qtum and Energo could assist in several projects that the Thai people were interested in, our teams were invited back to continue our discussions and to make progress towards our shared visions.

Given that the blockchain community was relatively small in Thailand, there’s large potential for Qtum. This is why we plan to setup some partnerships with local universities and establish a blockchain research center. We believe these long-term initiatives will benefit Thailand and Qtum.