Hong Kong Monetary Authority identifies three use cases where CBDCs can add unique value to payments

Tokenization of real estate assets figure showing one of Hong Kong Monetary Authority's use cases for CBDC

The Hong Kong Monetary Authority (HKMA) has completed the first phase of Project e-HKD to develop a digital Hong Kong dollar and in the process has identified three use cases where the adoption of a central bank digital currency (CBDC) could facilitate faster, more cost-effective and inclusive payments and enable new types of economic transactions... More