We have seen many stablecoins come into the market. However it has an issue. As it is pegged against international market and often the programmed part of the stablecoin is missing. And something that like to be adjusted and there are efforts done on this by every nation. So the programmable money unit is coming out. And thailand too is working on this with such experiment. 

Such programmable unit should work 1:1 with the stablecoin or the local currency. It should be able exchangeable or tradeable. And this would slowly grow into the app and the market too. They launched the public blockchain version of the truemoney recently. 

This project is now under the bank of thailands notice. And they are working on the units being developed by the project and soon would get into the working local market and the app. So you can withdraw and exchange with the electronic data unit being exchanged. 

This project does make use of the DLT aka distributed ledger technology. And so it is being documented, being maintained and also complied to the govt of the thailand and their respective reserved banks. Thai Baht TrueMoney (THBT) is going to be regulated and also it would be paying attention to the source and destination being tracked too. So a lot of scams would be controlled. 

A lot has been discussed here on the facebook post. And also there seems to be the post by the bank of thailand covering some aspects of the project. In short world is moving towards the crypto and the blockchain and life has been getting more digital than the offline as we speak. Around the world, lets see where thailand takes it.