ConsenSys Selected by HKMA to Lead Phase Two of Project Inthanon-LionRock

ConsenSys has released in its blog post that the company has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA).

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) signed a Memorandum of Understanding in May 2019, initiating Project Inthanon-LionRock to study the application of a central bank digital currency (CBDC) for cross-border payments. ConsenSys will work on the second implementation phase of the project, with PricewaterhouseCoopers Limited and Forms HK.

Read more: ConsenSys’ blog