SCB TechX is a subsidiary of SCBX Group, the parent company of Thailand’s first bank, the Siam Commercial Bank (SCB). Its focus is on the development of digital technology solutions, applications, and platform-as-a-service offerings.
The company provides a range of services, including technology consulting, integrated solution development, and technology infrastructure and digital platforms management. With key applications and services including data analytics and AI solutions such as its TechX Data Platform for enterprises.
SCB TechX also specializes in cybersecurity, digital identity verification know your customer services (eKYC), and the development of enterprise-level apps and mobile banking solutions.
The firm leverages blockchain technology for cross-border payment initiatives and central bank digital currency (CBDC) research and the exploration of stablecoin use cases for cross-border remittances using Distributed Ledger Technology (DLT) on the Hedera network in order to streamline international remittances, reduce costs, and provide massive improvements to transparency and settlement speed compared to traditional finance (TradFI) methods.
Project Information
Related Projects
Wallawallet is a dedicated mobile cryptocurrency wallet designed to provide a secure and stable experience for users of the Hedera Hashgraph network. It was developed by Ledgerama with a core mission to offer robust management for HBAR, Hedera's native cryptocurrency, and Hedera Token Service (HTS) tokens. With an emphasis on security, it operates as a non-custodial solution ensuring users maintain complete control over their private keys, which are stored directly on their mobile devices. To further enhance security and minimize attack surfaces, it intentionally forgoes a web interface, focusing on a dedicated app environment for iOS and Android.
Key features of Wallawallet include seamless sending and receiving of HBAR and HTS tokens, along with integration for Ledger hardware wallets, allowing users to combine the convenience of a mobile app with the enhanced security of cold storage. It also incorporates functionality to support the Hedera ecosystem with features to help users associate tokens in preparation for airdrops, including HBAR-weighted airdrops.
SaucerSwap is a decentralized exchange (DEX) and automated market maker (AMM) protocol built on the Hedera blockchain network. It provides permissionless swapping services for Hedera Token Service (HTS) tokens.
The platform allows users to trade between Hedera-based assets and enables users to become liquidity providers by depositing HTS tokens into liquidity pools where they earn a share of the trading fees generated by those pools. Additionally, it offers yield farming programs which allow liquidity providers to stake LP tokens for further rewards.
SaucerSwap has its own native asset, the SAUCE token, which is used for platform governance through a decentralized autonomous organization (DAO) as well as for staking and incentivizing liquidity. The platform aims to be a foundational component of the DeFi landscape on Hedera by providing essential infrastructure for token exchange and liquidity services to the network's users and developers. It also prioritizes user and network security through decentralized management and third-party security audits for smart contracts.
Kabuto is a decentralized name service built on Hedera that allows users to register blockchain domains such as .hh and manage human-readable names secured by NFTs and smart contracts. It supports address and text records across multiple blockchains, making it easier for users to interact with digital assets and identities in a unified way. The platform was originally launched with a mirror node and explorer by LaunchBadge, providing tools for developers and users to view and interact with Hedera network data, though this component was later paused.
Kabuto continues to focus on decentralized identity and naming services, offering governance capabilities and DAO-ready features that allow users to participate in managing domain functionality and settings. By combining user-friendly naming with Hedera’s fast, secure, and scalable infrastructure, Kabuto aims to simplify blockchain interactions and promote wider adoption of the Hedera ecosystem.
MIOO Technology provides an enterprise-grade platform that connects physical products to the digital world through unique, verifiable digital identities. It specializes in creating Digital Product Passports (DPP), which enable users to track products through QR codes or NFC tags connected directly to a product or its label and secured on the immutable Hedera blockchain network giving them access to a wealth of information about the status of their goods.
The platform is designed to help brands, particularly in the luxury, fashion, and art sectors, combat counterfeiting and prepare for upcoming regulations like the EU’s Ecodesign for Sustainable Products Regulation (ESPR). The DPP can house detailed data on a product's materials, origin, carbon footprint, and repair history, promoting transparency and sustainability. For consumers, this digital identity serves as an undeniable certificate of authenticity and ownership. For brands, it opens a direct channel for post-sale customer engagement and provides valuable insights into the product lifecycle.
MIOO's technology is active in the micromobility sector with MIOO Cycling, an initiative supported by EIT Urban Mobility. This service uses the DPP to track a bicycle's entire lifecycle, including service history and ownership transfers.