From Cointelegraph: 2024-06-28 17:17:50

The Hong Kong Monetary Authority (HKMA) established Project Ensemble several months ago. The project was created to explore the potential of blockchain technology for trade finance. The aim is to digitalize trade documents and automate trade finance processes. This move is part of Hong Kong’s efforts to enhance financial infrastructure and promote innovation in the banking sector.

Read more at Cointelegraph: Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization