泰國去DLT - 但這真的會開放市場嗎？

泰國SEC正在啟動一個基於DLT的交易平台，供證券公司交換數字代幣。聽起來看好，但這是一個真正的問題：它會真正分散訪問，還是僅僅使同一蓋特基特系統對待？

Thailand’s Securities and Exchange Commission (SEC) is set to launch a blockchain-powered platform for securities firms to trade digital tokens in the country’s secondary market.

泰國的證券交易委員會（SEC）將推出一個由區塊鏈供電的平台，供證券公司在該國二級市場上交易數字代幣。

This initiative aligns with Thailand’s broader strategy to integrate distributed ledger technology (DLT) into its capital markets framework, aiming to enhance market efficiency and introduce greater diversity to conventional trading systems.

該計劃與泰國更廣泛的戰略相吻合，該戰略將分佈式分類帳技術（DLT）集成到其資本市場框架中，旨在提高市場效率並將更大的多樣性引入傳統交易系統。

A senior representative from the SEC highlighted the growing trend of token investments, which prompted the commission to grant securities firms the ability to trade these assets. This move is part of the regulator’s overall vision to leverage technology to expand market participation and drive the evolution of Thailand’s capital markets.

SEC的一位高級代表強調了代幣投資的增長趨勢，這促使委員會授予證券公司交易這些資產的能力。此舉是監管機構的總體願景的一部分，該願景利用技術擴大市場參與並推動泰國資本市場的發展。

Crucially, a significant component of this initiative is the digital transformation of bond trading. The upcoming platform will reportedly facilitate transactions in both the primary and secondary bond markets through a fully digitized interface.

至關重要的是，該計劃的重要組成部分是債券交易的數字轉換。據報導，即將到來的平台將通過完全數字化的界面來促進主要債券市場和次要債券市場的交易。

In addition to executing trades, the system is designed to streamline critical operations such as investor registration, settlement, and payment processing. While Ethereum is among the blockchain networks expected to be supported, the platform is being developed with compatibility for multiple blockchain networks. This multi-chain capability is intended to enhance settlement flexibility and foster seamless interoperability between different blockchain ecosystems.

除執行交易外，該系統旨在簡化關鍵操作，例如投資者註冊，和解和付款處理。儘管以太坊是預期支持的區塊鍊網絡之一，但該平台正在為多個區塊鍊網絡提供兼容性。這種多鏈能力旨在增強定居靈活性並促進不同區塊鏈生態系統之間的無縫互操作性。

Moreover, the SEC is introducing a decentralized ledger-based trading mechanism specifically for debt instruments. Within this framework, four digital token projects have already been approved by the regulator, while two additional proposals are still under evaluation.

此外，SEC正在推出專門針對債務工具的基於分類帳的交易機制。在此框架內，監管機構已經批准了四個數字令牌項目，而另外兩個建議仍在評估中。

The approved projects reportedly focus on investment-based and environmentally sustainable tokens, which aligns with the regulator’s approach to nurturing a stable and diverse digital asset market. By integrating both traditional and emerging financial structures, this initiative aims to create a platform that appeals to a broad spectrum of investors, ranging from those engaged in conventional securities trading to participants in the digital asset space.

據報導，該批准的項目著重於基於投資和環境可持續的代幣，該代幣與監管機構培養穩定且多樣化的數字資產市場的方法相吻合。通過整合傳統和新興的金融結構，該計劃旨在創建一個吸引廣泛投資者的平台，從從事傳統證券交易的投資者到數字資產領域的參與者。