IBM Thailand Promotes AI, Blockchain in Order to Create Regional Sales Hub

The Thai branch of IBM will promote blockchain and AI to turn the country into a major sales hub in the surrounding region.

Source: cointelegraph.com

Thailand’s branch of IT company IBM will be promoting blockchain and artificial intelligence, in collaboration with the central bank, and Bank of Thailand. These efforts are aimed to help turn the country in its surrounding region into a major sales destination. A recent survey by IDC-IBM presented results that showed there will be a global spending of $9.7 billion on blockchain by the year 2021. IBM has also been discussing implementing blockchain education systems into local schools and universities. The company currently uses Watson AI, an artificial intelligence computer system capable of answering questions through its database and providing insight for sectors such as retail, finance, education, business and energy.