Introduction
Thailand is one of the emerging countries of the world. Formerly, this country used to be entirely focusing on agricultural and industries. However, the development aspect of this country has now seemed to have turned towards digitalisation and advanced technologies. Recently, new kinds of innovations and creativity in the minds of citizens of Thailand have introduced a lot of new technology embedded in the core of society. And, for a fact it is very interesting to learn about new digital technology and regular innovations that have been happening in Thailand. Further, this blog will show you about the new digital technology in Thailand in detail.
This blog will show you about the new digital technology in Thailand: An Overview
Without a doubt, digital Technology has really boomed in this specific country Thailand. Evidently, there have been significant amounts of growth as well as transformation in the last 10 years. Everything including the government private sector along with educational institutions have crucial contributions in the whole progress. Consequently, the growth and development aspect of this country has picked up a different kind of pace. Indeed, the citizens of Thailand have been enjoying a wide variety of benefits from the same.
The role and importance of Government Initiatives (This blog will show you about the new digital technology in Thailand)
Without a doubt, the Government of Thailand has had a major role in the development of Thailand. This is also applicable to digital technology. Evidently, the Thai government released a number of initiatives specifically focusing on the digital transformation. However, the most prominent and influential of all their policies and initiatives was the “Thailand 4.0 policy”. This specific policy is known to focus on the transition of Thailand into a value based and growing economy. For the same reason, they have adopted aspects like innovation, technology and creativity to support their aim. Evidently, there are a total of 3 key components of this specific policy by the Thai government. These components are specified down below:
- Firstly, there is the “Digital Economy Promotion Agency” which is often abbreviated as “DEPA”. This Pacific component AIIMS to promote the concept of digital economy by supporting different startups of the country. Basically, this agency as a component works in helping others adapting to the new digital technology of Thailand.
- On the other hand, there is the Eastern Economic Corridor. This component is also popularly known as EEC. Further, it can be described as a “special economic zone”. Its focus includes high-tech industries along with digital and IT sectors all responsible for taking the economy of Thailand to new heights.
- Lastly, there is the national electronic payment system which has already evolved way of transaction of money in the country. This policy is able to achieve a cashless society in Thailand with the help of this component that promotes and provides digital transactions. (This blog will show you about the new digital technology in Thailand)
The usage of internet in Thailand and the boom in the sale of mobile phones (This blog will show you about the new digital technology in Thailand)
Evidently, in the past few years and the decade the sales of mobile phones have spiked considerably in the country of Thailand. This is evidence that the people of Thailand have started appreciating and integrating technology in their life. Every household having one or more mobile phones makes it easier for the government to implement their policies as well as initiatives. Evidently, the amount of active mobile phones and smartphones in the country is very high. Ends the first stage of digitalization has already laid its foundation.
On the other hand, the country is known to have one of the highest rates of internet penetration and usage in the whole Southeast Asia region. According to various sources, more than 80% of the total population of this country has access to the internet. And, as has been noted there are so many people in Thailand who own a mobile phone. Consequently, the rate of mobile phone usage in the country has spread like wildfire. This is great for the country as smartphones are known to be one of the primary mediums to access the internet. (This blog will show you about the new digital technology in Thailand)
Some examples of new digital technology in Thailand are specified down below
PROMPTPAY:
- Basically, it is a real-time digital payment service.
- Evidently, this service has been known to have been released under the National e-Payment System initiative. Hence, all its operations and functioning are being handled by the Thai government.
- The transfer and transaction of money takes place using the mobile numbers or the numbers of the user’s citizen ID.
- Bank account numbers are rarely important. This helps the nation achieve a cashless society.
LINEMAN:
- In simple words, it is a on-demand service platform which is very famous in Thailand.
- Various services like food delivery, parcel delivery, grocery shopping, and taxi hailing are provided through this platform.
- Evidently, this platform is known to have been integrated with the LINE messaging application.
- It works flawlessly.
Some other examples (This blog will show you about the new digital technology in Thailand)
- TrueMoney Wallet
- Smart City Initiatives in Phuket
- Digital Farming with Ricult
- Digital Banking with SCB EASY
- Bangkok’s BTS Skytrain Contactless Payment
- Medical Robotics at Siriraj Hospital
Conclusion
Thailand is constantly making efforts to become better as a nation. At the same time, the government have made it their priority to focus on development of the county especially in the aspect of new digital technology. Many innovations have already been established and put in place. And, more will be witnessed in the future.
[AUTHOR- Piyush Chauhan]
