Home > Quick > Body

Hong Kong Digital HKD Project renamed "e-HKD +" and expanded to tokenization and programmability

clock
2024-09-24 02:49:53
The HKMA (HKMA) has launched the second phase of its Digital Hong Kong Dollar (e-HKD) pilot study, where 21 Financial Institution Groups are studying 11 use cases for central bank digital currencies and tokenized deposits. In light of the expanding scope of the project, the HKMA has renamed it the "e-HKD + Project", and the new phase of the project will have its own sandbox for about a year.
The e-HKD + project will focus on three themes: tokenized asset settlement, programmability, and offline payments. Many of the use cases are highly generalized, with several not mentioning e-HKD at all.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.