The way money moves is increasingly digital — and soon, it may even be programmable. It’s one of the proof points coming out of a recently-concluded Visa-led pilot prototyping of Brazil’s blockchain-based Central Bank Digital Currency (CBDC), the Real Digital, which might enable innovative programmatic...
November 02, 2023
Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs). The pilot program, part of the “Digital Hong Kong Dollar” initiative organized by the Hong Kong Monetary Authority (HKMA), aimed to explore the potential of this technology in interbank business-to-business (B2B) […]