Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2

Source: hkma.gov.hkDetailing the findings of the e-HKD phase 1 trial, the HKMA report highlighted programmability, tokenization and atomic settlement as three crucial areas where Hong Kongs CBDC could benefit businesses and consumers. Source: hkma.gov.hkThe report checked out:”The next phase of the e-HKD pilot program will build on the success of Phase 1 and consider checking out brand-new usage cases for an e-HKD. Currently, at its second rail, the e-HKD program trial is supported by personal and public companies to guarantee business practicality for both parties.HKMA said it will also continue to work on rail 1 initiatives such as laying the legal and technical structures for e-HKD.

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