Standard Chartered Bank completes e-HKD offline CBDC trial
Standard Chartered Bank (Hong Kong) has completed offline payment trials of the Hong Kong Monetary Authority's digital currency (CBDC). The experiment aimed to test the inclusiveness, security, and reliability of payments, especially for areas without stable internet connections. The pilot covers multiple areas, including public transportation, merchants on the campus of the University of Hong Kong, restaurants, and flea markets in offices. This enables Standard Chartered Bank to evaluate the effectiveness of offline electronic Hong Kong dollar payments in small, high-volume transaction environments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High

Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders

Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More








