BOC Hong Kong Develops Proprietary Consortium Blockchain, Successfully Completes Second Phase Testing of Digital Hong Kong Dollar
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According to ChainCatcher, Bank of China (Hong Kong) has announced the completion of the second phase of its pilot program under the Hong Kong Monetary Authority's "Digital Hong Kong Dollar+" initiative. The bank validated the programmability of digital currency in prepaid consumption and earmarked fund scenarios, using a self-developed consortium blockchain to test the "unified wallet" concept, and conducted over 1,500 transactions at Pacific Coffee.
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