Lina Group (Thailand) signs contract with partners to provide blockchain technology to promote business growth in Thailand

Wednesday 30 May 2018 10:17
Lina Group (Thailand) Co., Ltd. and Smart Links Swiss Co., Ltd., recently co-hosted a contract signing ceremony presided over by Mr. Abhisit Vejjajiva, former Prime Minister, at Novotel Bangkok Suvarnabhumi Airport Hotel. The event was under the topic of "the use of blockchain in agricultural, banking, marketing, and health insurance supply chain management", which would benefit various industries. To give a clearer view on blockchain technology, the management such as Mr. Sunthorn Kanhakul, President/Chairman of Lina Group (Thailand) Co., Ltd., Mr. Ga Terng Wu, CEO/President of Smart Links Swiss Co., Ltd., and Mr. Wu Wan An, Managing Director of Smart Links Swiss Co., Ltd., served as speakers in the seminar, which was attended by more than 10 Thai and foreign companies.

Mr. Sunthorn Kanhakul, President/Chairman of Lina Group (Thailand) Co., Ltd., revealed, "Lina Group (Thailand) Co., Ltd. is specialized in blockchain technology, owned by Smart Links Swiss Co., Ltd. based in Zurich, Switzerland. This technology was developed to store and connect data, ensure data security, and maintain the credibility of data shared among companies or departments. It prevents any person or organization from taking control of content or data. Independent from system administrator, it generates database to everyone via blockchain application. In case of any changes in data, the data in everyone's hand will accordingly change automatically. This creates transparency and justification for every user.

Mr. Ga Terng Wu, CEO/President of Smart Links Swiss Co., Ltd., added, "This ceremony brings together not only top management of Lina Group, but also several partners from Thai and international companies such as Farm Chokchai Group, Siam Food International, and Kong Fa Wattanawit Co., Ltd, which share their interest in blockchain technology."