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LionRock

Research

Hong Kong

Central Bank(s)

Hong Kong Monetary Authority

Announcement Year

2019

Status

Research

Retail/Wholesale

Wholesale

Structure

Token

Technology Provider

R3 Corda, ConsenSys

DLT / non-DLT

DLT

Main motivation/goals of the CBDC

Examining if, where and how distributed ledger technology (DLT) might enhance cross-border payments between commercial banks.

Description

The Bank of Thailand and the Hong Kong Monetary Authority (HKMA) announced the joint Inthanon-LionRock project in May 2019 to collaborate on research and share experiences from their respective CBDC studies. The joint CBDC research project is one of the financial innovation collaborations under the Memorandum of Understanding between the two regulatory authorities.

Link to announcement

Timeline

Last update: December 2017

December 2017

Status updated

None Research

Added data

Announcement Year: 2019

Retail/Wholesale: Wholesale

Structure: Token

Technology Provider: R3 Corda, ConsenSys

Description: The Bank of Thailand and the Hong Kong Monetary Authority (HKMA) announced the joint Inthanon-LionRock project in May 2019 to collaborate on research and share experiences from their respective CBDC studies. The joint CBDC research project is one of the financial innovation collaborations under the Memorandum of Understanding between the two regulatory authorities.

DLT / non-DLT: DLT

Main motivation/goals of the CBDC: Examining if, where and how distributed ledger technology (DLT) might enhance cross-border payments between commercial banks.

Link to announcement: cointelegraph.com

Country / Region: Hong Kong

Central Bank(s): Hong Kong Monetary Authority

News

No recent news found for this currency.