Toyota is the first company to use blockchain for issuing debt.
Toyota is the first company to use blockchain for issuing debt.

By Snow Under Sun | SnowUnderSun | 17 Jan 2020


Toyota Leasing Thailand is subsidiary of well known car manufacturer Toyoda.

Toyota Leasing Thailand Co LTD get approval and licence from Thailand's Security and Exchange Commission regulatory sandbox.

Toyota Leasing is the first company in Thailand for issuing debts via distributed ledger technology ( DLT )

DLT acts as the centre for collecting data and documents of debenture holders.

DLT essentially operates similarly to the role of a debenture holder registrar in Thailand’s bond market system 

DLT allows debenture issuers observe the real-time transactions of debenture holders.

More corporate's bonds are in the Thai SEC's regulatory sandbox to wait approve soon.

Blockchain technology gain momentum in all around the world.


Snow Under Sun
Snow Under Sun

A westerner in Thailand. Previously,13 years Sales Executive in a Forbes 500 company and 6 years HR executive in a multinational company. Crypto trader since 2015.


SnowUnderSun
SnowUnderSun

A westerner in Thailand. Crypto trader since 2015. Previously Sales Executive in a forbes 500 company.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.