Thai Government Plans to Use Blockchain for Its E-Visa System

2019-12-23 20:50

Thailand’s Electronic Visa On Arrival (eVOA) system is set to implement a new blockchain infrastructure in the next few months.

ShareRing will provide the backend infrastructure that will be used by one of the eVOA partners, Gateway. The eVOA program is powered by OneID, which will help facilitate a quicker entry into the country thanks to an online payment portal and a dedicated lane at the border. 

OneID’s implementation. Source: ShareRing

Gateway’s eVOA system is available to citizens from 20 different countries, with the initial focus on China and India. Gateway is partnered with Alipay, and the majority of its applications come from is for Chinese travelers. According to the press release, Gateway is currently processing 3,000 applications per day and is projected to process three to five million in 2020. 

“We will be working very closely with ShareRing on developing and integrating blockchain into our eVOA process,” says Opas Petchmunee, CEO and founder of Gateway. “Coupled together with our proprietary AI software leveraging cutting edge algorithms, our collaboration with ShareRing will enable our eVOA process to be much more efficient, secure, cost-effective while maintaining the high level of security and integrity of customer information.”

“We are providing our OneID product for Thailand’s eVOA that will allow over 5 million travelers from 20 countries including China and India to complete the visa process on their mobile through our app,” comments ShareRing’s CEO, Tim Bos. “This provides a streamlined immigration process that negates the need for an expensive and time-consuming process upon disembarking.

Bos also looks to blockchain to help reduce fraud. 

“Fraud is mitigated with several extra layers of security in the backend including ShareLedger’s blockchain consensus model that makes all data immutable and impossible to hack,” says Bos. 

Thailand attracts over 38 million visitors a year. The visa program primarily caters to people visiting Thailand and not seeking to work in the country. 

About ShareRing

 ShareRing aims to make sharing and renting services quicker and simpler by creating a sustainable global ecosystem for the sharing and renting economies. ShareRing has developed a number of blockchain supported modules such as booking management, self-sovereign identity, reviews, dispute resolution, reward system and more.

ShareRing is targeting the travel industry, with plans to launch a travel app to allow for hotel bookings, flight bookings, activity bookings, and eVOA applications.

The post Thai Government Plans to Use Blockchain for Its E-Visa System appeared first on CoinCentral.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) íà Currencies.ru

$ 0.0066239 (+0.16%)
Îáúåì 24H $22.361k
Èçìåíåèÿ 24h: -2.40 %, 7d: -2.37 %
Cåãîäíÿ L: $0.0066239 - H: $0.0066243
Êàïèòàëèçàöèÿ $484.006k Rank 2078
Öåíà â ÷àñ íîâîñòè $ 0.2821 (-97.65%)

blockchain system infrastructure thai e-visa plans government

blockchain system → Ðåçóëüòàòîâ: 126


Cloud provider Xunlei launches new blockchain file system!

Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms. The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The

2018-7-7 00:40


Volkswagen Applies For Blockchain Vehicle-to-Vehicle Communication System Patent

Volkswagen has recently applied for a patent to increase the road safety by using blockchain technology in its vehicles. The company plans to create a way for the vehicles to communicate with each other via a distributed ledger network and alert the drivers about the potential collisions. According to the company’s file for the patent, […]

2018-7-6 09:00


FSA Denies Plans to Make Changes to Regulations Governing Cryptocurrency Exchanges

Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system.

2018-7-5 16:39


Financial Warrant System for Blockchain to Be Set Up by Eight Major European Financial Institutions

News surfaced of a major collaboration between several European banks and regulators that would use blockchain technology to issue financial warrants. The system, called Fast Track Listing, would allow entities to grant agreements on options to buy their stock, similar to option calls, through recording the contract on a blockchain ledger.

2018-7-5 16:24


Ôîòî:

“the nebulas rank yellow paper” is immediately available, giving the blockchain world a better value measurement system

In response to the pain points in the industry, Nebulas independently proposed the concept of “Nebulas Rank” in September 2017 as a solution for value measurement and discovery on blockchains. As a measure of the value of blockchain, “The Nebulas Rank Yellow Paper” enhances and expands the set of algorithmic systems constructed by Nebulas Rank.

2018-7-4 05:16


ETH Travel ICO

ETH Travel platform combines the potential of latest technologies such as blockchain, Artificial Intelligence (AI), and Big data for unique traveler’s experience and unleash the power to travel. We have the data security system typified by the security features of the modern payment ecosystems with the innovative and incentivize blockchain features, and blend in the protective systems offered by our token; ETH Travel Tokens.

2018-7-2 21:07