DBS Hong Kong completes testing of its "Digital Hong Kong Dollar Plus" project based on its proposed currency technology
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最新报道：According to a report by the Hong Kong Commercial Daily on September 16th, DBS Hong Kong announced the completion of the second phase of testing under the Hong Kong Monetary Authority's Digital Hong Kong Dollar pilot program, exploring how tokenization and programmability can enhance the use of digital vouchers. This pilot project, supported by DBS Bank's Token Service, integrates tokenization and smart contract technologies with the bank's transaction services. Leveraging Purpose-Bound Money (PBM) technology, the project tested the ability to attach specific spending conditions to digital currencies, such as the Digital Hong Kong Dollar. The application could be expanded to other rewards programs, financial management, supply chain payments, and improved payment process management.
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