{"id":29225,"date":"2020-09-26T11:38:49","date_gmt":"2020-09-26T08:38:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29225"},"modified":"2025-08-27T15:47:03","modified_gmt":"2025-08-27T12:47:03","slug":"hong-kong-and-thailand-select-consensys-as-partner-for-cbdc-development","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hong-kong-and-thailand-select-consensys-as-partner-for-cbdc-development\/","title":{"rendered":"Hong Kong and Thailand select ConsenSys as partner for CBDC development"},"content":{"rendered":"<p>The Ethereum studio ConsenSys has become a partner of the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand in the second phase of their joint CBDC development project.<!--more--><\/p>\n<p>According to <a href=\"https:\/\/consensys.net\/blog\/press-release\/consensys-selected-by-hong-kong-monetary-authority-for-phase-two-of-project-inthanon-lionrock\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u044e<\/a>, ConsenSys is exploring the application of CBDC in the cross-border payments network.<\/p>\n<p>The company noted that it is using a suite of corporate Ethereum solutions to test the scalability, security and interoperability of the digital coin.<\/p>\n<p>In May 2019, the central banks of Hong Kong and Thailand signed a memorandum of understanding, launching the Inthanon-LionRock project to study the use of CBDCs in cross-border payments.<\/p>\n<p>In the second phase of the initiative, ConsenSys will work jointly with PricewaterhouseCoopers Limited and Forms HK.<\/p>\n<p>Earlier in 2018, the Bank of Thailand launched the Inthanon project aimed at creating a CBDC based on Corda technology.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum studio ConsenSys has become a partner of the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand in the second phase of their joint CBDC development project.<\/p>\n","protected":false},"author":1,"featured_media":29226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,246,832,1266],"class_list":["post-29225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-consensys","tag-hong-kong","tag-thailand"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29225"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29225\/revisions"}],"predecessor-version":[{"id":29227,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29225\/revisions\/29227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29226"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}