Building up Thailand’s Digital Economy Through the New Paotang Open Platform at Techsauce Global Summit 2023
Arise recently participated in Techsauce Global Summit 2023, Asia's premier tech conference, held on August 16-17. 'Empower Infinite Innovation for All Thais,' was the central theme underlining our commitment to foster and transform innovation and technology for Thailand's digital economy.
During the event, we unveiled the behind-the-scenes of Paotang, showcasing how it catalyzes Thailand's digital economy. Here are three key ways Paotang contributes to this growth:
1. Expansive User Base: Paotang, the country's most popular application with 40 million users onboard, is a substantial marketplace for digital goods and services. Businesses and entrepreneurs can tap into this user base to promote and sell their products, spurring economic activity within the digital ecosystem. As more users engage with Paotang's features, they become more digitally literate, creating a more skilled workforce that drives digital economy growth.
2. Digital Capabilities with “Technology Stack for Big Scale”: With complex and reliable infrastructure, Paotang empowers users and businesses with various digital capabilities to enable companies to expand their reach, improve operations, and access new markets. Simultaneously, users gain access to diverse services and opportunities, spurring digital economic activity.?
3. Proof of user identity: Paotang offers secure user identity verification, reducing the risk of fraud, facilitating safe online transactions, fostering trust, and promoting economic growth in the digital space.
Various Paotang products, such as Digital Lottery and Gold Wallets, enable real-time transactions for buyers and sellers. This demonstrates that Paotang isn't merely a government but also evolving to support businesses.?
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Our ambitions go even further. We intend to transform Paotang into an Open Platform with a human-centric approach, catering to corporate sectors, government entities, Thai startups, SMEs, and individuals. Our goal is to transcend Paotang to Super App.?
With a vision to drive the Thai digital economy, we can utilize technology for hyper-personalization tailored to each user's needs. We aim to digitalize a department store with infinite space where domestic and international buyers and sellers can engage in a wide range of goods and services and can make life more convenient and accessible.?
However, behind Paotang's success is more than just a Tech Stack or the complexity of technology alone; there is also our greatest asset: our talented staff.?
We have initiated a "Talent Incubator" course designed to cultivate A-Player tech professionals with the guidance of national coaches. Adopting gamification for work, we are fostering a professional culture where people can build their careers like building a character in a game. Thus, we have developed a 5-week Incubator program based on a comb-shaped learning approach to upskill our staff.
In summary, at the Techsauce Global Summit 2023, we showcased our dedication to driving innovation and technology to boost Thailand's digital economy and improve citizens' lives. Paotang was highlighted as a vital driver, offering an expansive user base, providing versatile digital capabilities, and transforming to the Open Platform robust inclusivity and convenience. While also focusing on upskilling tech talent, we are dedicated to creating opportunities for all Thai individuals, rendering services accessible at their fingertips through Paotang. As we hold,
"Making digital life possible for ALL."