“Borrow Mai” joins forces with “Bitkub Chain” to invest 500 million baht to launch YES coin with the first digital asset rental platform in Thailand

From left: Mr. Tawatchai Ingboonmeeskul, Chief Executive Officer and Co-Founder of Welthitechfin Co., Ltd., Mr. Passakorn Pannok, Chief Executive Officer of Bitkub Blockchain Technology Co., Ltd. Ltd., Mr. Suthikiat Kittiphattrakul Chief Executive Officer, Loan Mai (Thailand) Co., Ltd. and

Dr.Padet Jinda, Chief Executive Officer of Finstable Company Limited.

“Borrow it?”

(Yuemmai) Service provider of IT products, telecommunication, digital finance and technology. Shaking up the crypto industry in Thailand, joins hands with

BitKub Blockchain Technology

(BitKub Blockchain Technology), the creator and operator of Bitkub. Chain, the popular Thai Blockchain network, invests 500 million baht to launch “YES” (YES) the newest token. ready to develop platform

“borrowing.digital”

Providing digital asset rental service for the first time in Thailand

Mr. Suthikiat Kittiphattrakul Chief Executive Officer of Loan Mai (Thailand) Co., Ltd.

revealed that has launched YES coin, which is a collaboration with

Bitkub Blockchain Technology Co., Ltd.

including Thailand’s leading technology startup partner

Finstable Co., Ltd. and Wealthi Techfi Co., Ltd. foreseeing that YES coin is the first step in applying blockchain technology to the development of “borrow me” marketing system to connect relationships and deliver rewards. for customers to borrow, which is in the ecosystem under the umbrella of “Lend Mai Holding”, including Credit SIM, Borrow Mai Finance, Borrow Mai Online, and Borrow Mai Blockchain by customers and users of “Borrow or Hold” will be rewarded with YES tokens to secure the lease of digital assets on the platform. “Lend Mai.digital”, the first digital asset rental service platform in Thailand. To create investment opportunities in the digital world easier

“Digital finance that can be accessed by adopting smart contract technology will help in providing credit services and making it easier for customers to buy electronic products We are committed to driving the development of flexible distribution and service platforms. Through its innovative digital infrastructure, YES is confident that the YES coin will connect the customer experience across multiple channels. And will definitely give it as a reward that is worthwhile for customers” Mr. Suthikiat said

YES Coin is a token that is certified by BitKub Chain (Verified by BitKub Chain). It was formed with the intention of “borrowing it?” to reward customers. The borrower will receive YES coins after using the service or buying products from the “Lending Mai Holdings” business on a monthly basis (from February 14th). Customers can then use YES coins as a guarantee. to rent digital assets on the platform “borrow it.digital”, which is like an online marketplace of various digital currency camps that have become partners The first token to be leased is KUSDT (BitKub Next token family), followed by more than six well known cryptocurrencies on cryptocurrency exchanges .

Rental fee is 30 percent per annum of the value of the digital assets leased. through considering the number of digital asset leases that tenants can rent as well system

Credit Scoring

which is the result of development of Welthitech Company. Fin Co., Ltd., a start-up developer of mobile financial product applications that has received a Pico Finance license from the Ministry of Finance. By applying artificial intelligence (AI) and Big Data management technologies, we analyze accurate data and provide customers with the best loan application experience.

by Mr. Tawatchai Ingboonmeeskul, Chief Executive Officer and Co-Founder of Welthitechfin Co., Ltd. said “We are delighted to cooperate with “Borrow or not?” to support the Credit Scoring system in the lease of digital assets. which is a modern investment promotion through the financial technology system (Fintech) modern, comprehensive and accurate
”

YES coin value starts at 28 baht (as of the launch date) where holders of YES coins for 10 months can buy-sell (tradable) on the digital asset exchange market. By borrowing or not, there is a goal to develop the YES coin in the future as a coin that can vote. and have the right to transparent trading system (Governance Function)

Mr. Passakorn

Pannok Chief Officer Management Bitkub Company Blockchain Technology Co., Ltd. has revealed that BitKub Chain has also come in as a mentor and system. and jointly invest by setting up AMM Automate Market Maker (or digital asset fund on Bitcoin Cup Chain) worth approximately 100 million baht (approximately $ 300,000)

for the platform “Lend it or not.digital” is a platform that combines centralized and decentralized finance (CeDeFi) for the first time in Thailand. It was developed by Finstable Company Limited (Finstable), a fintech company located in Phuket. And is a company that is in the process of applying for permission from the SEC with an initial registered capital of 75 million baht. CeDiFi is a smart contract system that works with humans. which uses the advantages of a centralized system On Decentralized It is very safe because there are staff available to serve customers 24 hours a day and make customers get high returns as well

Dr. Phadet Jinda, Chief Executive Officer of Finstable Company Limited said “ on the team Finstable which consists of experts from the financial sector Securities, Law, Accounting and Blockchain Technology Sectors We believe that the CeDeFi system, which brings the strengths of the KYC, CDD and AML systems to get to know customers and prevent the risk of customers using the system because it is a new technology Combined with the adoption of a Smart Contract based DeFi system that is secure, transparent, verifiable, and has low administrative costs. Will it encourage the lending platform to be able to serve customers effectively?”

There will be a pilot testing system (Beta Test) on January 14-31, 2022 by opening system testing competition.

CeDeFi

Up, attracting students and people who are interested to join the guild. good Compete for a prize of 100,000 baht in KUB scholarships (see competition rules And apply to join at the website www.borrow.digital)

Those interested in YES coins can apply for membership today. onwards on the platform “Borrow it or not.digital” and will receive YES AirDrop coins for free to customers. It will be received on February 14, 2022, limited to only 2,500,000 dollars (75 million baht), first come first served!