Bangkok Bank welcomes R3 members to the first Voltron project workshop in Thailand
January 23, 2019
Bangkok Bank Executive Vice Presidents Pornnit Dunnvatanachit, Kukkong Ruckphaopunt and Senior Vice President and Trade Finance Center Manager Kajohnsak Manaviriyakul welcomed R3 members who joined a Voltron project workshop, the first to be held in Thailand. Bangkok Bank is the first and only Thai bank to work with R3 to develop Letters of Credit (L/C) using Distributed Ledger Technology (DLT), or Enterprise Blockchain. L/C is an important financial service in international trade and the Voltron project is supported by leading global banks in trade services, including Bangkok Bank which has an international network covering major global economies. This will help Voltron’s trade services network to reach all major regions in the world.