SCBX and Hashed Join Forces to Drive Web3 Tech Innovations

SCBX Public Company Limited (SCBX) and Hashed Today marks the beginning of a strategic union. SCBX, as Thailand's leading fintech firm, and Hashed, a trailblazer in the Web3 venture capital scene, are uniting efforts to ignite breakthroughs in technology, underscoring SCBX's commitment to evolving into a bona fide tech entity with a keen emphasis on blockchain and AI. Web3 This collaboration is set to enhance research and development in the arena of emerging Web3 technologies to encourage broader adoption within the market. SCBX and Hashed have synchronized their aspirations, highlighted by a memorandum of understanding (MOU), to delve into the vast possibilities offered by Web3 across various industries.

Aiming for Broader Web3 Adoption

They are set to experiment with Web3 technologies, including account abstraction and pilot initiatives across diverse sectors with a goal to investigate blockchain as well as other Web3 developments.

Hashed will use its innovative hub, ShardLab A significant aspect of this alliance is a co-financed project dedicated to research and development.

Both SCBX and Hashed will merge their resources to seamlessly integrate blockchain innovations into the services and entities under SCBX's umbrella, ultimately aiming to provide both novel and practical benefits through the integration of Web3 technologies.

Seojoon Kim, the CEO and Managing Partner at Hashed, stressed the vital role Hashed plays in SCBX's transformative journey toward implementing Web3 technologies throughout Southeast Asia. He stated, \"This partnership combines the authority of a respected institution with the foundational tech and vision of Web3. I believe this collaboration will significantly foster the growth of the Web3 landscape, not just in Southeast Asia but globally.\"

Simon Seojoon Kim SCBX and Hashed are also planning to host a series of conferences and networking events focused on Web3 education, along with specialized talent development boot camps in Thailand and Southeast Asia. The goal is to forge relationships and encourage collaboration that promotes the overall growth of the blockchain sector.

With SCBX's established reputation in the Thai financial market and Hashed's expertise in Web3, this partnership is poised to achieve remarkable progress, particularly in decentralized technologies and innovative solutions.

Together, SCBX and Hashed are dedicated to driving widespread acceptance of Web3 while also focusing on the continual evolution of the global Web3 ecosystem.

Milestone for SCBX and Hashed

"A significant objective for SCBX is to position itself as a premier regional player in financial technology. To realize this vision, it is essential for the company to initiate fresh experiments and transition into a tech-oriented organization. This partnership will allow us to collaboratively explore and develop groundbreaking technologies that will redefine the financial landscape,\" Dr. Arak Sutivong, Deputy CEO of SCBX, remarked.

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Nik, a seasoned analyst and writer at Metaverse Post, brings valuable insights into the rapidly evolving tech landscape, particularly concentrating on AI/ML, XR, VR, on-chain analytics, and blockchain innovations. His engaging articles cater to a diverse readership, ensuring they remain at the forefront of technological advancements. Armed with a Master’s degree in Economics and Management, Nik possesses a deep understanding of the business dynamics and their convergence with emerging technologies.