The report said the pilot found that an e-HKD could add value in three main areas – programmability, tokenization and atomic settlement – with the potential to facilitate faster, more cost-efficient and more inclusive transactions. However, the program’s 14 pilots with 16 participating firms were conducted on a small scale under a controlled environment, the report said.
Source: https://www.coindesk.com/policy/2023/10/30/retail-cbdc-could-add-unique-value-but-further-investigation-is-needed-hong-kong-central-bank-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines