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Thai Officials Testing Blockchain For Copyrights And Agriculture Exports

By

Nathan

Graham

WriterETHNews.com

The “feasibility studies” have been initiated by the Thailand Ministry of Commerce.

The Thailand Ministry of Commerce, with the support of the British embassy in Thailand, has begun conducting "feasibility studies" to examine how blockchain technology can be used to manage intellectual property (IP) and copyrights, according to an October 9 article in English-language Thai news outlet, The Bangkok Post.

According to the article, the initial phase of the study, which is being carried out by Thailand's Trade Policy and Strategy Office (TPSO), will focus on "traceability, digital IDs, company and IP registration management, and trade financing" in an effort to maximize transparency, streamline processes, and reduce operation costs. The TPSO falls under the Ministry of Commerce.

The article states that the study will also involve reviews of IP laws and the IP management process, as well as interviews with stakeholders. Implementation of these blockchain solutions will apparently begin on a small scale so that the TPSO can uncover any challenges that must be addressed before mass adoption.

Additionally, the TPSO is looking into creating an experimental "sandbox" where developers can test blockchain use cases specifically for agriculture.

After hearing concerns from farmers about the length of time it takes to process exports of organic rice, the TPSO decided to look into how blockchain technology could help. Apparently, the export process usually takes 15 to 20 days to complete and farmers are forced to go through at least seven different government agencies. The TPSO believes blockchain technology can reduce that time to a maximum of three days while removing most of the middlemen. This would also reduce the overall cost to farmers of exporting rice.

The TPSO hopes to have results from the trials by February 2019, according to the Post.

Nathan Graham

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

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