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Tag: Bakong

Bitcoin News Roundup for June 22, 2020

With gold up and the price of bitcoin treading water, today we’re talking academic piracy and Cambodia’s blockchain plot to escape the dollar. Bitcoin...

Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony

According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed...

China’s DCEP: The Road to Becoming an International Reserve Currency

Through the DCEP, China will be able to open doors to overseas residents, allowing consumers and merchants to use RMB internationally....

Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper

The National Bank of Cambodia revealed the technical details of its upcoming blockchain-based payments system dubbed ‘Project Bakong’ this week. The central bank, which...

Cambodia Launches DLT Payments Network, CBDC Imminent

The South-East Asian country of Cambodia is looking to a distributed ledger technology (DLT) network to reinvent their country’s payments and rid themselves of their US dollar reliance.  While at the Consensus Distributed event, the assistant governor and director-general of the National Bank of Cambodia, Serey Chea, revealed the initial plans and set out the […]

The post Cambodia Launches DLT Payments Network, CBDC Imminent appeared first on Asia Crypto Today.

Central Bank Digital Currency (CBDC) Guide

Central bank digital currencies (CBDC) were the talk of the industry in early 2020 after China’s state bank, the People’s Bank of China released its digital currency electronic payment (DCEP).  But what are central bank digital currencies? Here is our guide on what the currency is and the outlook for the different central banks in […]

The post Central Bank Digital Currency (CBDC) Guide appeared first on Asia Crypto Today.

Blockchain-Based Peer-to-Peer Payments – The Cambodia Blockchain Platform is Being Rolled Out (TrendHunter.com)

The Cambodia Blockchain platform is steadily being rolled out, with support coming from 11 commercial banks and the National Bank of Cambodia expected...

Cambodia Preparing to Launch CBDC, Trials Already in Motion

The National Bank of Cambodia is preparing to launch a new central bank digital currency (CBDC) called Bakong. The bank had started testing...

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