  The adoption of the Pao Tang digital wallet in Thailand, promoted under the
Khon la Krueng (50-50 Co-Payment) Scheme, illustrates Thailand's receptiveness
to digital financial instruments, amassing over 40 million users in just three
years during the COVID-19 social distancing era. Nevertheless, acceptance of
this platform does not confirm a broad understanding of cryptocurrencies and
Web 3.0 technologies in the region. Through a mix of documentary research,
online surveys and a targeted interview with the Pao Tang app's founder, this
study evaluates the factors behind the Pao Tang platform's success and
contrasts it with digital practices in Switzerland. Preliminary outcomes reveal
a pronounced knowledge gap in Thailand regarding decentralized technologies.
With regulatory frameworks for Web 3.0 and digital currencies still nascent,
this research underscores the need for further exploration, serving as a
blueprint for shaping strategies, policies, and awareness campaigns in both
countries.
