ConsenSys wins contract for Thailand-Hong Kong CBDC project

Cointelegraph

Published Sep 28, 2020 01:25PM ET

Updated Sep 29, 2020 03:40PM ET

Blockchain firm ConsenSys announced Sep. 25 that it had been awarded the contract for a cross-border payment project between Thailand and Hong Kong.

The company will lead the second implementation phase of Project Ithanon-Lionrock. The project is a joint initiative to create a cross-border central bank digital currency, or CBDC, payment network between banks in the two countries.

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