Thailand is Getting Blockchain Integrated Into Its Visa Application System
Login

Thailand is Getting Blockchain Integrated Into Its Visa Application System

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:
Thailand, one of the world’s most popular tourist destinations, is in the process of employing blockchain technology to its Electronic Visa On Arrival.

The country’s proposed blockchain-based eVOA project will quicken and secure the digital visa application procedure and is expected to be accessible to over 5 million tourists from about 20 nations when fully launched.

Producers of the eVOA Program
The eVOA project is a combined undertaking by Australian travel enterprise ShareRing and Gateway Services. Based on reports released on the 19th of December, these firms are the owners of the license to execute the eVOA project in Thailand. The eVOA program, after its launch, will be focused exclusively on Chinese and Indian tourists, after which it can then be offered to more nations.

This new project is expected to fine-tune Thailand’s visa application procedure (Visa On Arrival), which is currently done at airports or other entry terminals in the country. The traditional process is paper-based and tourists are required to provide several printed documents, which oftentimes lead to delays and conflicts.

How ShareRing Plans on Securing the eVOA Project Further
Digitized processes are generally known to be prone to fraudulent activities and hacks and that is why ShareRing and Gateway Services have been laboring tirelessly to enhance security and deliver better speeds and caliber of the procedure.

For improved security, ShareRing delivers its “OneID” technology, which promotes Optical Character Recognition and secures information by coding the information into a blockchain file. This tech will replace the initial manual verification process and boost the caliber of work delivered by the eVOA.

ShareRing also announced plans to extend its blockchain visa application operation to other nations after this pilot program kicks off, explaining that Thailand will serve as a “blueprint” for subsequent expansions

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News