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The Thai branch of the US global IT company IBM will promote blockchain and artificial intelligence (AI) to turn the country into an important sales center in the surrounding region, the English newspaper The Bangkok Post reports on Wednesday, November 14th.
According to the article, IBM will promote blockchain in collaboration with the central bank of the country, Bank of Thailand. A recent IDC-IBM survey shows that global spending on blockchain will reach $ 9.7 billion by 2021.
In addition, IBM is also discussing the possibility of blockchain training in local schools and universities, with the goal of providing enough workforce members for industry in the near future.
At the same time, IBM plans to use Watson AI, a computer system with artificial intelligence and able to answer questions using its own database, to find insights for different areas of the country, such as retail, education, finance. , business and energy.
Thai officials have recently begun to apply blockchain in several areas. In early October, the Thai Ministry of Commerce revealed that it had begun conducting feasibility studies on the use of blockchain in copyright, agriculture, and commercial finance. And later, in November, the local revenue department announced its plans to track tax payments using blockchain and raw material learning.
As previously reported by Cointelegraph, IBM is also actively promoting blockchain technology, developing decentralized solutions for different areas in numerous patents. At the end of August, the number of patents filed by IBM included 89, which made the US company one of the largest players in the area, surpassed only by China Alibaba with its 90 applications.
Since then, IBM has filed many more blockchain-related patents, including patents for a blockchain platform for scientific research and another for decentralized archiving of trusted sites for augmented reality games (ARs).
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