The Hong Kong Monetary Authority launches the second phase of the “Digital Hong Kong Dollar” pilot scheme

According to BlockBeats news, on March 14, the Hong Kong Monetary Authority announced today the launch of the second phase of the "Digital Hong Kong Dollar" pilot program to further explore the innovative use cases of "Digital Hong Kong Dollar" in Hong Kong. The Hong Kong Monetary Authority completed the first phase of the "Digital Hong Kong Dollar" pilot program in October last year, studying local retail use cases in various areas such as programmable payments, tokenized asset settlement and offline payments. Based on the results and experience of the first phase of the pilot scheme, the second phase will conduct a more in-depth study of some of the experiments in the first phase, namely the three characteristics of the "digital Hong Kong dollar" that may bring unique value, including programmability, tokenization and real-time Handover and exploring new use cases not included in the first phase.