Thailand Post and Railway to use Blockchain tech

in news •  7 years ago 

Interesting development, how quickly things are changing.
The cryptocurrency-blockchain world is about to enter the global mainstream,

"Reported on August 16, 2017, Thailand state agencies are looking to modernize postal and railway services through budding technologies.

Thailand Post and State Railway of Thailand (SRT) are seeking to integrate blockchain technology and internet of things (IoT), respectively, to their service platforms. Thailand Post director Thitipong Nandhabiwat predicts that blockchain technology may be implemented by the end of 2017, or shortly thereafter. Blockchain technology can be used to add a layer of security to the delivery of high value parcels, like luxury items.

"Blockchain is secure and trusted as only authorised persons are allowed to open parcels," Nandhabiwat said.

With similar goals of introducing new technology, SRT seeks to innovate with IoT devices. As per the report, SRT's chief information officer Sirima Hiruncharoenvate said that the National Broadcasting and Telecommunications Commission has approved broadcasting between the 800-900 megahertz spectrum, which would allow a wireless communications array to integrate with IoT sensors. Such sensors may provide better alerts to authorities, enabling them to more effectively stop trains to prevent accidents and perhaps save lives.

"It will also improve the logistics service of goods delivery," said Hiruncharoenvate.

Given the synergy between blockchain-based technologies and IoT devices, it is not a far stretch of the imagination to see a possible collaboration of technology platforms between these two state-run agencies, with IoT devices reporting to a blockchain platform. If this happens, it’s possible that both Thailand Post’s and SRT’s applications of blockchain technology and IoT may give rise to a shared technology that can track posts going through rail channels."

https://www.ethnews.com/thailand-to-apply-blockchain-to-postal-services-and-iot-to-railways

I imagine whoppercoins and bigmac-coins will soon follow

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