HSBC releases e-HKD+ test results to promote Hong Kong’s digital currency design exploration

PANews reported on July 10 that according to an announcement by HSBC, the bank has completed technical testing and public surveys under the Hong Kong Monetary Authority's "e-HKD+" project, exploring issues such as the application, privacy protection and scalability of e-HKD in the DLT environment. HSBC is also testing the issuance mechanism on Arbitrum, Ethereum, Linea, Polygon and its own private chain. The survey showed that 90% of respondents were concerned about transaction privacy, and one-third were willing to use e-HKD to trade digital assets. HSBC will promote the implementation of digital currency in real scenarios based on the results.