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Singapore-based blockchain services provider EVX Holdings, Pte. Ltd., operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance. At a ceremony attended by senior executives of LDB and Everex, Phoutsala...
Singapore blockchain startup EVX Holdings, operating under Everex, has received the green light from Thailand to deploy blockchain technology to facilitate international remittances and establish “payment connectivity” between Thailand and Myanmar. Called the Krungthai and Shwe Remittance project, the initiative involves Krungthai Bank (KTB) from Thailand and Shwe Bank from Myanmar.