Hangang River

Link to announcement: web.archive.org

Link to announcement: web.archive.org

Link to announcement: www.bok.or.kr

Link to announcement: www.hankookilbo.com

Main motivation/goals of the CBDC: The purpose of the distributed ledger technology (DLT) based wholesale CBDC is to settle the tokenized deposit transactions across the seven participating banks. Currently, interbank transfers are settled via transfers across banks' BOK reserve accounts. → The purpose of the distributed ledger technology (DLT) based wholesale CBDC is to settle the tokenized deposit transactions across the seven participating banks. Currently, interbank transfers are settled via transfers across banks' BOK reserve accounts.

Link to announcement: www.businesstimes.com.sg

Link to announcement: www.businesskorea.co.kr

Main motivation/goals of the CBDC: The purpose of the distributed ledger technology (DLT) based wholesale CBDC is to settle the tokenized deposit transactions across the seven participating banks. Currently, interbank transfers are settled via transfers across banks' BOK reserve accounts.

Link to announcement: www.bok.or.kr

Link to announcement: www.fsc.go.kr

Research → Pilot

Link to announcement: www.koreatimes.co.kr

Technology Provider: LG CNS

Link to announcement: www.bok.or.kr

None → Research

Announcement Year: 2023

Retail/Wholesale: Wholesale

Structure: Token

DLT / non-DLT: DLT

Link to announcement: www.koreatimes.co.kr

Country / Region: South Korea

Central Bank(s): Bank of Korea