Earlier this week the Bank of Thailand （BOT） announced the results of its proof of concept（PoC） for a wholesale Central Bank Digital Currency（CBDC）. The overall conclusion was positive, though some areas were identified as needing further work.
"The outcome of Project Inthanon has demonstrated that DLT has not only increased efficiency but also reduced risks and overall costs in the financial ecosystem," said Pimolpa Suntichok, Senior EVP, Siam Commercial Bank.
Project Inthanon, named after Thailand’s highest mountain, had three aims. First as a tool for collaborative learning about distributed ledger technology（DLT）by Thai financial institutions.
Central Bank Digital Currency（CBDC）：名詞，中央銀行數位貨幣。例句：Very few central banks are considering a general-purpose CBDC in the next 1-3 years.（很少央行考慮在未來1至3年內推出面向大眾的央行數位貨幣。）
wholesale：形容詞，批發的。例句：Wholesale CBDCs are targeted only at financial institutions.（批發型央行數位貨幣只針對金融機構。）
Distributed Ledger Technology（DLT）：名詞，分散式帳本技術。例句：Blockchain technology and distributed ledger technology（DLT）are poised to become a new standard for information exchange. （區塊鏈技術和分散式帳本技術有望成為資訊交換的新標準。）