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Thai Retail Giant to Introduce Crypto Coin for Its Shopping Malls
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blockchain.newsThailand’s biggest shopping centre developer is planning to introduce a digital currency among employees, Bloomberg reported Thursday.
Currently, Central Retail Corp (CRC) distributes “C-Coin” to its 80,000 employees globally. The digital currency is based on blockchain technology and distributed on merit on top of the employees’ regular compensation.
The company says that the currency can also be used as a substitute for cash at restaurants or buy products and services from partners under Central Retail.
Once the so-called sandbox phase is complete, the corp. plans to expand the offering to customers and the public.
According to Kowin Kulruchakorn, a chief innovative officer at Central Tech, the public members will be introduced to the
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