Thailand and Hungary to jointly explore blockchain tech

The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial sectors.

The MOU, signed by the Thai Fintech Association (TFA) and the Hungarian Blockchain Coalition on Oct. 25, will see the two associations share experiences, best practices and explore areas potentially beneficial for direct cooperation, according to a Facebook post by the Embassy of Hungary in Bangkok.