Token X

✨ 5 Reasons Why Blockchain Can Elevate CRM for Your Organization 🌐💎 . Currently, blockchain technology is being widely applied to Customer Relationship Management (CRM) and loyalty point systems, significantly enhancing security, transparency, and efficiency compared to traditional systems. Today, we'll explore the various aspects where blockchain is being utilized, along with real-world use cases from leading businesses worldwide! . 📌 1. Enhancing Data Management Security with Blockchain Technology Blockchain provides a secure, decentralized database for storing customer data in CRM systems. It helps maintain data integrity, prevents unauthorized access, and empowers customers with control over their personal information. . 💡 Example: Oracle has developed Oracle Blockchain Applications, a suite of blockchain-based applications that augment the capabilities of Oracle CX Cloud Suite (a set of customer experience management software). These applications, such as customer data management, after-sales service, and customer loyalty, are integrated with CRM modules to increase transparency and enable traceability. Additionally, there is a system for tracking products throughout the supply chain, from origin to delivery to the customer, ensuring that the products match the purchase order and maintain quality. . 📌 2. Transforming Loyalty Points into Digital Tokens Blockchain technology open up the possibility of converting loyalty points into tokens, which become digital assets that can be easily bought, sold, transferred, or redeemed across various platforms. . 💡 Example: Singapore Airlines launched KrisPay, a blockchain-based loyalty program that converts airline miles into digital tokens. These tokens can be used to make purchases at partner merchants, providing increased flexibility and value to loyalty points. . 📌 3. Enhanced Fraud Prevention The transparency and immutability of blockchain significantly help prevent fraud in loyalty programs. By recording every transaction on the blockchain, it becomes easier to verify the legitimacy of point transfers or redemptions. . 💡 Example: American Express is one of the businesses that have implemented a blockchain-based loyalty system. They utilize smart contracts to automate the reward redemption process and prevent fraudulent activities. The blockchain ledger maintains the integrity of the points, reducing the risk of double-spending or unauthorized transactions. . 📌 4. Simplified Connectivity and Collaboration Blockchain facilitates the creation of a shared loyalty ecosystem where multiple programs can seamlessly connect, exchange, and redeem points across platforms and industries. . 💡 Example: The Loyalty Network, powered by Hyperledger Fabric, connects loyalty programs from various businesses, including retail, travel, and hospitality. It allows members to combine points from multiple sources and use them together, creating the most valuable and flexible customer experience. . (Read More ⬇️)

Tomorrow, 31st October is Halloween Day, when many people will be dressing up in spooky costumes to compete with friends, decorating their homes with horror decorations, or heading out to take photos at various locations now adorned with Halloween themes. But did you know that there is "Halloween" in the investment world, too? It's an investment strategy known as the "Halloween Strategy" 🎃 The Halloween Strategy is an interesting theory in the stock market. Many investors believe that the period between November and April tends to yield significantly better returns than the period from May to October. This belief has become so widespread that it spawned the popular investment motto: "Sell in May and go away" (Come Back on St. Leger Day). This strategy's origins can be traced back to Europe, where investors typically took breaks from trading during the summer months for vacation. Historical documents indicate that wealthy individuals in the United Kingdom would often leave London in May to vacation or attend to other business matters in the countryside, paying little attention to their investment portfolios. This exodus led to decreased trading volumes, causing stock prices to typically slump during this period. Then they would return to London in September. Even though today's world has changed, with nearly every area connected through the internet and smartphones, this pattern (sometimes called the Halloween Effect) still persists in many stock markets worldwide. . Read more : https://lnkd.in/gHFKX_KK 📢 Follow us: https://lnkd.in/dCax4URp _______________________________________ *This article is a summary of content for public benefit. It is not intended to persuade investment. **Digital assets involve risk of loss, investors are advised to review all information and study the characteristics, condition of return payment, and any risks related before making any investment. #TokenX #ICOPortalSevices #Tokenization #DigitalToken #Blockchain #Investment #Halloween

#TokenTipsTuesday Digital tokens function as digital rights representatives, allowing companies to set specific conditions and benefits for token holders. These can include exchanging goods and services or even investment rights, all built on blockchain technology that ensures secure, transparent, and verifiable transactions. In this article, Token X will dive deep into "Utility Tokens", especially given the Securities and Exchange Commission (SEC)'s recent regulatory updates covering everything from Initial Coin Offerings (ICOs) to secondary market trading. 🪙 What are Utility Tokens? Utility tokens are digital tokens that grant holders access to specific products or services from the issuer. Think of them as "digital vouchers" that can be redeemed for goods or services under predetermined conditions. Their primary purpose isn't direct financial investment or returns. These tokens can be categorized into 2 types: 📌 Non-Ready-to-Use Utility Tokens: These are essentially "future contracts" where the issuer uses raised funds to develop a project, product, or service. Token holders must wait until project completion to receive their promised benefits. 📌 Ready-to-Use Utility Tokens: These tokens offer immediate utility and come in 2 subcategories: Group 1: Consumption and Rights Verification - Digital gift vouchers, Concert tickets, NFTs, Carbon Credit certificates, etc. Group 2: Other Applications - Exchange tokens and Governance tokens, etc. 🪙 New SEC Regulations: Which Tokens Need Approval? ✅ All non-ready-to-use utility tokens ✅ Group 2 of ready-to-use utility tokens intended for trading on SEC-regulated exchanges 🪙 What about Secondary Market Trading? Group 1 of utility tokens (both ready-to-use and non-ready-to-use) don't require SEC approval but must comply with other relevant laws, such as consumer protection and commercial laws. While group 2 of utility tokens need SEC approval before secondary market trading (except for staking). Secondary markets cannot directly offer Group 1 of utility tokens as they fall outside digital asset business scope. However, they can provide these services through separate legal entities while avoiding names or communications that might suggest SEC oversight. This regulatory update reflects the SEC's efforts to balance investor protection with innovation promotion in Thailand. Clear frameworks help build investor confidence while allowing private sector technological development to continue. It marks a significant step in developing Thailand's digital asset ecosystem. 📢 Follow us: https://lnkd.in/dCax4URp _______________________________________  This article is a public summary and not investment advice. Digital assets carry risks; investors should review all information and assess potential risks before investing. #TokenX #Tokenization #ICOPortalSevices #Tokenization #RWAs #RealWorldAssets #DigitalToken #UtilityToken #Blockchain 

Thank you for having Chayathorn T. at DCN Global . Join us for Navigating the Future: Decentralized FinTech and the Digital Frontier—a DCN hybrid forum for young professionals, happening October 30-31, 2024, in Istanbul! Explore blockchain, DeFi, and digital entrepreneurship through accessible discussions with global innovators, regulators, policymakers, and academics. . Learn more and apply to join virtually at: https://lnkd.in/d9WcbiTT . #TokenX #tokenization #DCNGlobal #blockchain #TheFutureofFinance #Sustainability

In an era where our planet tackles with a climate crisis, we've been pushing for years to recognize that reducing greenhouse gas emissions isn't just the job of environmental organizations. It's a crucial task that requires everyone's cooperation and serious commitment. Did you know we can use economic mechanisms to tackle this problem? One of the most intriguing methods is something called a "carbon tax." So, what exactly is a carbon tax? 🤔 Put simply, it's a tax levied on the emission of carbon dioxide (CO2), one of the main greenhouse gases. The tax is calculated based on the amount of gas each company releases. The more they emit, the more tax they pay. This principle is rooted in the idea that those who create pollution should bear the costs of managing its impact. It's like the environmental version of "you break it, you buy it" Now, you might be wondering, how does a carbon tax help reduce greenhouse gas emissions? ♻️ When companies have to pay tax based on their emissions, they suddenly have a financial incentive to reduce those emissions. It's amazing how quickly businesses can innovate when it affects their bottom line. This could lead to investments in clean technology, improvements in production efficiency, or even a switch to renewable energy sources. All these actions contribute to an overall reduction in greenhouse gas emissions. It's like hitting two birds with one stone - saving money and saving the planet. The impact of a carbon tax isn't limited to businesses. It also influences consumer behavior. As the production costs of high-carbon goods increase, so do their prices. This makes environmentally friendly products more attractive to consumers, as they become comparatively cheaper. It's a subtle nudge towards greener choices in our everyday lives. Read full article at: https://lnkd.in/guKx2jJK 📗 Sources:  - Tax Foundation (October, 2022) A Carbon Tax, Explained - Youtube - C2ES (May, 2024) Carbon Tax Basics - Center for Climate and Energy Solutions - สพท. (June, 2024) คลัง เตรียมรีดภาษีคาร์บอน เรียกเก็บจากน้ำมัน ผูกเกณฑ์การปล่อยก๊าซคาร์บอนไดออกไซด์ เคาะราคากลาง 200 บาทต่อตันคาร์บอน ยันไม่ให้กระทบประชาชน พร้อมเสนอ ครม. พิจารณา หากไฟเขียวลุยดำเนินการได้ทันที - ศูนย์องค์ความรู้ด้านทรัพยากรธรรมชาติและสิ่งแวดล้อม 📢 Follow us: https://lnkd.in/dCax4URp _______________________________________ *This article is a summary of content for public benefit. It is not intended to persuade investment.  **Digital assets involve risk of loss, investors are advised to review all information and study the characteristics, condition of return payment, and any risks related before making any investment. #TokenX #Tokenization #DigitalToken #Blockchain #CarbonTax #CarbonCredit #TVER #SustainableFinance #ClimateChange #Sustainability #ESG

Jittinun Chatsiharach, CEO of Token X, has been invited as a speaker for a panel discussion at Blockchain Week in Busan (BWB) 2024 this 28-29 October in Busan, South Korea. She will participate in a discussion on the topic "Digital Assets: Beyond Borders" covering an overview of digital assets at both national and continental stages, as well as opportunities for international financial institutions to collaborate in enhancing these assets. #TokenX #Tokenization #BWB2024 #Asia #Exchange #STO #RWA #Blockchain #DigitalAssets

Wanrob Boontham, CFA, FRM, Head of Investment Banking and Tokenization at Token X, was invited as a speaker at the BITKUB SUMMIT 2024, an event packed with insightful sessions on innovation and technology for Thai entrepreneurs and investors. He shared his expertise on the topic of "Real World Assets (RWA Tokenization): Opportunities and Challenges" and highlighted how RWA opens new investment opportunities, making it more accessible to retail investors, while the market for these assets shows promising growth potential for the future. #TokenX #Bitkub #BITKUBSUMMIT2024 #GatewayToTheFuture #ICOPortalSevices #Tokenization #RWAs #RealWorldAssets #RealWorldAssetsTokenization

"อย่าลืมว่าเจ้าเป็นใคร โลกจะไม่ลืมเช่นกัน สวมมันเหมือนเป็นเกราะ มันจะไม่มีวันทำร้ายเจ้า"💬 ประโยคนี้ คือ คำพูดที่ Tyrion Lannister ใช้พูดกับ Jon Snow ในซีรีย์ Game of Thrones, Season 1, Episode 1 เป็นคำพูดที่สะท้อนถึงการยอมรับความเป็นจริง ไม่ว่าจะเป็นความล้มเหลว หรือ จุดอ่อนของตนเอง ต้องเผชิญหน้ากับความจริง และจงใช้มันเป็นพลังปกป้องตัวเอง เมื่อพูดถึง 'ความล้มเหลว' หลายคนอาจไม่อยากนึกถึงมัน และพยายามมองโลกในแง่ดี อยากเชื่อว่าทุกอย่างจะผ่านไปได้ด้วยดีเสมอ แต่ในความเป็นจริง ความล้มเหลวเป็นเส้นทางหนึ่งของชีวิตที่ทุกคนต้องพบเจอ บนโลกที่ขับเคลื่อนอย่างไม่หยุดนิ่ง และไม่มีอะไรที่แน่นอน วันนี้ Token X จะพาทุกคนมาค้นหาวิธีเปลี่ยนความล้มเหลวให้กลายเป็นโอกาสตามข้อความที่ว่า "Fail Fast, Fail Cheap, Fail Forward" ซึ่งเป็นแนวคิดที่ถูกนำมาใช้ในหลายวงการ โดยเฉพาะในสาย Business & Innovation และเป็นหลักการสำคัญที่ช่วยให้เราสามารถเปลี่ยนความล้มเหลวให้เป็นเครื่องมือในการเรียนรู้ และพัฒนาต่อยอดต่อไปได้ 📈 อ่านต่อได้ที่: https://lnkd.in/gtBqNWef  _______________________________________ *บทความนี้เป็นบทความสรุปเนื้อหาเพื่อสาธารณประโยชน์ ไม่มีวัตถุประสงค์เพื่อชี้ชวนลงทุน  **สินทรัพย์ดิจิทัลมีความเสี่ยง โปรดทำความเข้าใจและศึกษาลักษณะสินค้า เงื่อนไข ผลตอบแทน และความเสี่ยงก่อนตัดสินใจลงทุน และลงทุนให้เหมาะสมกับระดับความเสี่ยงที่ยอมรับได้ #TokenX #LifeatTokenX #DesignThinking #LeanStartup #Innovation #BusinessStrategy

On 19 Oct, from 16:15 - 16:25, Wanrob Boontham, CFA, FRM Head of Investment Banking and Tokenization at Token X, will be sharing valuable insights on “Real World Assets (RWA Tokenization): Opportunities and Challenges” at Bitkub Summit 2024 Curious about what RWA is and how interesting it is? Join us at the event! 📍 Venue: The Plenary Hall, 1st Floor, The Queen Sirikit National Convention Center (QSNCC), Bangkok 📋 Register now at www.bitkubsummit.com #TokenX #Bitkub #BITKUBSUMMIT2024 #GatewayToTheFuture #ICOPortalSevices #Tokenization #RWAs #RealWorldAssets #RealWorldAssetsTokenization

ลองจินตนาการว่าเรากำลังทำงานในบริษัท Software ที่พัฒนาระบบการโอนเงิน และตอนนี้บริษัทมี Main Feature คือการโอนเงินจากบัญชีหนึ่งไปยังอีกบัญชีหนึ่ง ปัญหาคือถ้าเราไม่ทดสอบระบบก่อนนำไปใช้งานใน Production เลย มันเหมือนกับว่าเราเอาของเล่นไขลานที่เพิ่งผลิตเสร็จส่งตรงถึงมือผู้บริโภคโดยไม่เคยลองเปิดใช้งานหรือดูว่าไขลานแล้วมันทำงานจริง ๆ หรือเปล่า การไม่ทดสอบระบบก็เหมือนกับเราปล่อยให้ “ผู้ใช้เป็นคนทดสอบ” แต่จะดีกว่าไหม ถ้าเราตรวจสอบทุกอย่าง ก่อนจะเปิดให้ใช้งานจริง บน production เพราะในระบบสำคัญ ๆ ความผิดพลาดเล็ก ๆ น้อย ๆ อาจส่งผลใหญ่โตได้ อ่านต่อได้ที่: https://lnkd.in/gbgpmkrP _______________________________________ *บทความนี้เป็นบทความสรุปเนื้อหาเพื่อสาธารณประโยชน์ ไม่มีวัตถุประสงค์เพื่อชี้ชวนลงทุน  **สินทรัพย์ดิจิทัลมีความเสี่ยง โปรดทำความเข้าใจและศึกษาลักษณะสินค้า เงื่อนไข ผลตอบแทน และความเสี่ยงก่อนตัดสินใจลงทุน และลงทุนให้เหมาะสมกับระดับความเสี่ยงที่ยอมรับได้ #TokenX #LifeatTokenX #SoftwareTesting #SoftwareDevelopment #TestAutomation #TestingFundamental #FunctionalTesting