Thailand’s biggest shopping center trialing digital currency
Central Retail Corp., a leading firm in Thailand's retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg.
The “C-Coin,” a blockchain-powered cryptocurrency, is being offered to 80,000 Central Retail Corp employees around the world as a reward for exceptional performance as a bonus to their usual salary.
While holders can use C-Coin to pay for meals and buy items and services from Central Retail's partners using it, this is just a test project for Central Retail Corp. The long-term objective of the firm is to transition towards cashless societies and venture into the e-commerce
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