Presumably you’re talking about CBDCs, but it’s not what you claim. It’s a state issued currency from a central bank and only some countries have adopted it, while others have rejected it. It is not applied across the board or used to transfer/exchange currencies in any way. A lot of them also do not even use distributed ledgers or blockchain. In the USA, some states have even banned the use of CBDCs.
Launched in March this year, Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong.
The article also talks about how this is an experimental thing in Hong Kong. It’s a testing environment, not a production case.
Presumably you’re talking about CBDCs, but it’s not what you claim. It’s a state issued currency from a central bank and only some countries have adopted it, while others have rejected it. It is not applied across the board or used to transfer/exchange currencies in any way. A lot of them also do not even use distributed ledgers or blockchain. In the USA, some states have even banned the use of CBDCs.
https://en.wikipedia.org/wiki/Central_bank_digital_currency
I’m talking about stuff like this: https://www.finextra.com/newsarticle/44961/hsbc-and-ant-international-laud-results-of-blockchain-based-tokenized-deposit-transfers
From the article:
The article also talks about how this is an experimental thing in Hong Kong. It’s a testing environment, not a production case.
There are a number of banks working on this. Not just testing but in production, now.
“Working on” implies pre-production, at least to my understanding.
Then again if game companies can do Early Access, why not banks?