Kuardin Prepares to Bring Blockchain Payments to Thailand’s 7-Eleven Network
BANGKOK, THAILAND – One of the world’s most ambitious retail blockchain pilots might take place in Thailand soon, as Kuardin, an AI-optimized digital payment platform, pushes ahead with potential cooperation from Thailand’s 7-Eleven chain operator, CP All PCL. Should the historic integration succeed, millions of Thai consumers would be able to pay for everyday goods with KRN, Kuardin’s own digital currency, marking a seminal step towards decentralized finance making its way to the mundane routine of human life.
BLOCKCHAIN BECOMES YOUR PAYMENT TOOL The proposed pilot involves linking Kuardin Pay, its homegrown blockchain payment network, with 7-Eleven’s POS systems. Kuardin utilizes artificial intelligence at its core to enable lightning-fast payments that address the intrinsic flaw of cryptocurrency in retail, namely, the issue of time and usability.
Real-Time Confimation – Kuardin’s blockchain confirms purchases in seconds, ensuring time comparable to a tap payment card.
Automated Conversios – its AI engine manages the exchange rate between KRN and baht in real-time, shielding shopkeepers from volatility and facilitating accounting. Intuitive
Reward Mechanism – Through blockchain-based smart arrangement, shoppers can be rewarded KRN-based digital points without a single touch in-store payment.
All in all, it is a form of AI-powered blockchain that combines the benefits of blockchain security with the convenience of a traditional payment method, providing a one-stop-shop solution for retailers. LOYALTY, VALUE AND INTEGRATION REDEFINED The novel integration will reimagine the world of consumer assignment and payments for the shopper as well.
Tokenized Rewards – rather than collecting points, users will bank KRN, a digital asset that is liquid on the traditional market and can be used in stores.
Lower Prices and More Savings – Kuardin aims to reduce consumer payments through conventional financial businesses, offering retailers with the opportunity to pay consumers a percentage.
Digital Resurrection – The addition will strengthen Thailand’s blossoming financial tech ecosystem while enhancing the lives of its 13-million underbanked or unbanked citizens via mobile wallets.
REGULATIONS, COMPROMISE AND REGIONAL IMPACT
Analysts anticipate any potential experimentation to be overseen by Thailand’s Securities and Exchange Commission and the Bank of Thailand in one of the country’s regulatory environments. If successful, the project could set the stage for the spread of decentralized retail payments without developers acting responsibly throughout the Southeast Asian market.
A NEW LANDMARK FOR BLOCKCHAIN IN YOUR DAILY LIFE Despite the lack of a CP All PCL statement, analysts say this is a big step towards financial change-through and supports that Thailand is willing to keep blockchain consumerism sidelong. For Kuardin, a future 7-Eleven assumption is more than just an interconnected cooperation; it is a directive on how to make blockchain useful, accessible, and a merit for most of them. If Kuardin does introduce a 7-Eleven mechanism, it would change the moment when cryptocurrency leaves the screen and implements it in your daily life, one sip of coffee, and one travel to your house.
For further news and developments about the plan itself, you can visit Kuardin.com.
