A technician inspects bitcoin mining machines at a cryptocurrency farming operation, Bitfarms, in Quebec. Blockchain is the decentralised database technology that underpins bitcoin and other digital currencies. Photo: AFP
Xinshu Dong
Opinion

Opinion

Macroscope by Xinshu Dong

The world needs to stop worrying about blockchain, regulate it and let it fly

  • Blockchain is creeping into more industries, as the biggest names in technology contemplate or adopt it. But for the industry to take off, governments need to establish regulatory frameworks and stakeholders need to build up a talent pool

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A technician inspects bitcoin mining machines at a cryptocurrency farming operation, Bitfarms, in Quebec. Blockchain is the decentralised database technology that underpins bitcoin and other digital currencies. Photo: AFP
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A Thai dancing troupe in traditional costumes at the Erawan shrine in Bangkok on 22 September 2015. Photo: EPA
Nithinan Boonyawattanapisut
Opinion

Opinion

Eye on Asia by Nithinan Boonyawattanapisut

Thailand, the Land of Smiles, is beaming on tourists, blockchain and cryptocurrencies alike to promote technological innovation

  • Thailand’s National Innovation Agency is providing access to over 44 billion baht (US$1.4 billion/HK$11 billion) in funds
  • Along with dedicated innovation hubs in Bangkok and Chiang Mai, the Thai government is aiming to nurture up to 3,000 start-ups within the next 10 years

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A Thai dancing troupe in traditional costumes at the Erawan shrine in Bangkok on 22 September 2015. Photo: EPA
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