Crypto

Thailand to Trial Blockchain-based Travel Visas Soon

Not a day goes by without blockchain technology making some form of a headline. In Thailand, distributed ledgers will play a major role in its Electronic Visa on Arrival project 

Thailand has been experimenting with these virtual visas for some time now.

Thailand Sees Merit in Blockchain

The new system will be rolled out very soon.

It is expected this eVOA system will help 5 million visitors from 20 countries enter Thailand with less friction.

By utilizing blockchain, the system can speed up and protect tourists and their identities accordingly.

This venture is an ongoing collaboration between Gateway Services and Australia’s ShareRing.

Thai officials have high hopes for eVOA and expect to focus on visitors from India and China during the initial stage.

Related Post

Replacing these paper-based systems in the modern age is not an unnecessary luxury either.

Travelers will no longer have to bring physical documents such as tickets and ID scans to the entry points in Thailand.

This is one of the few real-world use cases for blockchain technology.

Depending on the success of eVOA, it may be rolled out further to accommodate more foreign entries into Thailand.

It is unclear how long the initial testing period will last.

ShareRing hopes to further expand its blockchain-based visa application system across different countries. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago

Solana Data Insights: App Revenues Hit $193.5M in August, Up 126% YoY

Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…

4 days ago

Sharps Technology Aligns with Bonk for Treasury Staking and Solana Growth

Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…

4 days ago

Understand AR In the Context of LivLive’s Game Layer for Reality Ecosystem

LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…

4 days ago