The use of blockchain and digital currencies is booming globally, and Asian firms are rising up to lead implementation of these disruptive technologies into traditional industries. A high profile example of this rapid development is Thailand's most trusted money exchange, Superrich, diversifying it's historical Forex successes by investing in the future of the digital currency markets.
An industry heavyweight, Superrich has been a leader in the exchange scene for more than 50 years. This reputable chain of money exchanges is a favorite of consumers, and through its excellent service, good rates, and easy accessibility of locations throughout the country, they will now be spearheading the growth of the blockchain industry in Thailand and the greater Asian region.
Superrich announced plans to venture into blockchain innovation by creating a digital currency exchange in partnership with Dragon Token (DRG). A memorandum of understanding (MOU) was signed between the organisations to co-operate on promotion of the new Superrich exchanges and trading channels for Dragon Token (DRG). With this historic announcement, the company could become the biggest exchange in Thailand.
“Superrich is synonymous with being a fast, reliable money changer,”
said Prof. Piya Tantivachyanon President & CEO, Superrich.
“We’re offering customers more choice and convenience when they exchange money. This new capability we’ve developed with Dragon Token (DRG) means customers will be able to exchange digital currency, with speed and ease.”
Dragon has established itself as the top blockchain ecosystem and token of choice for gaming, entertainment and sports.Over the next few months, Dragon will be taking these industries by storm with the rollout of partnerships in Thailand, Macau, Singapore, South Korea, Laos, Cambodia, Vietnam, Myanmar, Philippines, and Malaysia
Co-Founder Paul Moynan celebrates these strategic partnerships with Superrich and other industries as new breakthroughs for blockchain technology:
"Dragon is acting as a platform bridging traditional financing and Forex exchange world into the new innovative world of blockchain. Dragon is also the first benchmark of a utility token that has live monthly multi-billion dollar businesses attached to it, which requires our clients to be able to purchase the Dragon Token to access the platform,"
Dragon is set to become a truly game-changing utility token, as each of these partnerships are secured using DRG for value exchange, and once the technology is implemented, consumers of each form of entertainment will be able to use their DRG for access. Besides the new announcements with Superrich, some of Dragon's already public partnerships include the Formula-E team Techeetah, the Motorsport Team Brit, Expedition Everest Challenge, COVE - Hong Kong Art Week, and the Cockleshell Endeavour racing for charity.
"With all the momentum that Dragon is experiencing, it continues to be not only one of the largest token sales post-ICO, but also one of the most promising real business opportunities in the blockchain ecosystem to date"
said Chris Ahmad, CEO of Dragon Token.
Exchange Will be KYC Compliant
Exchanging DRG for fiat currency will undergo the same KYC and AML procedures that Super rich and other legalized and authorized money exchanges have to adhere to the respective State Banking regulations.
SUPERRICH INTERNATIONAL EXCHANGE (1965) Co., Ltd. is one of Thailand best-known money changer services. Established since 1965, Superrich provide money exchange services to customers from a wide range of industries, both locals and foreigners alike. From a small store in Rajdamri area in Bangkok 52 years ago, SuperRich has now grown and expanded to have up to 40 outlets all over Bangkok and its vicinity to serve a wider range of customers' money exchange requirements.
About Dragon Coin (DRG)
Dragon Coin is a frictionless, low-cost and transparent alternative financial mechanism within the gaming, entertainment and sports industries. Dragon is widely implementing blockchain technology ecosystems with the goal to revolutionize the outdated platforms used for gaming, entertainment, and sports while benefitting those rooted in the industry, as well as all the members of the public who join in the journey to achieve the goals of Dragon Coin.
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