Bank of Korea to Conduct CBDC Real Transaction Tests in April... Named 'Hangang'
Uk Jin
Summary
- The Bank of Korea announced that it will conduct Central Bank Digital Currency (CBDC) real transaction tests from April to June.
- The test project is named 'Hangang', and participating institutions will issue deposit tokens for use.
- The digital currency will be practically used at marts, online shopping malls, and convenience stores.
The Bank of Korea (BOK) will conduct real transaction experiments with Central Bank Digital Currency (CBDC).
According to industry sources on the 18th, the BOK recently named its digital currency project 'Hangang' and will conduct real transaction tests from April to June.
When the BOK issues the institutional digital currency, participating institutions will issue deposit tokens. These will then be used at marts, online shopping malls, and convenience stores.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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