Bangkok Noi District and EstaliaX Enter Talks on ESXA→XP Payment Pilot
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Key items on the table
Area
Focus
Pilot-zone scoping
Joint field survey from canal piers to traditional markets to define the exact footprint
Merchant onboarding
Distribution of ESXA→XP QR/NFC kits, training & fee incentives, same-day settlement pilot
Local-economy boost
Instant coupons & cashback on XP payments; XP rewards tied to crafts and food experiences to lengthen stays and spur repeat visits
Transparent settlement & data
Every transaction hashed on-chain; real-time dashboards for district staff and merchants to curb illegal QR codes and cash leakage
Why ESXA→XP matters
ESXA — blockchain utility token
XP — fiat-pegged point backed 1 : 1 by cash and short-term T-bills (RWA)
Instant conversion lets:
• Travellers pay in one tap with no price volatility
• Small merchants receive same-day THB settlements
• District officials see live tourism-spend data for precision policy and marketing
Voices from the field
Bangkok Noi District Official
“Our merchants’ livelihoods hinge on payment costs and cash-flow speed. We’re watching closely to see whether the ESXA→XP model can recharge the local economy.”
EstaliaX spokesperson
“Few testbeds are as vivid as Bangkok Noi. We aim to prove conversion rates, settlement speed and economic impact right on the street.”
The talks remain exploratory; pilot boundaries and timelines are still being negotiated and will be announced jointly once finalised.
