EXIM Thailand Collaboratively Launches Blockchain-based Electronic Letter of Guarantee Platform

Announcement date 15 December 2020
EXIM Thailand Collaboratively Launches  Blockchain-based Electronic Letter of Guarantee Platform
Mr. Sittikorn Direksoontorn, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), together with 23 financial institutions’ executives and Mr. Poomsak Aranyakasemsuk, Comptroller-General, Ministry of Finance, recently joined a press conference to launch blockchain-based electronic Letter of Guarantee (e-LG) platform for e-Government Procurement (e-GP) system at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. The platform was jointly developed by the Comptroller General’s Department and BCI (Thailand) Co., Ltd. to enhance the government procurement efficiency, convenience and speed of service with a paperless platform of international standards.