CryptoBLK is proud to participate in Project Inthanon-LionRock led by Bank of Thailand and HKMA alongside with R3 and CH&Co.

The Bank of Thailand and the Hong Kong Monetary Authority (HKMA) has successfully wrapped up their collaborative DLT-based Project InthanonLionRock, a project with an objective of transforming wholesale cross-border payments with streamlined intermediation model, real-time transfer and atomic Payment-versus-Payment (PvP) settlements using Central Bank Digital Currency (CBDC). CryptoBLK is proud to collaborate with them, and a group of 8 banks from Thailand, 2 banks from Hong Kong, R3 and CH & Co. for this project, including the two previous phases since the beginning back to 2018.

Inthanon is a great demonstration of what a future DLT-based financial infrastructure will look like!

 

Read the Press from:

Bank of Thailand: Joint press release The Outcomes and Findings of Project Inthanon-LionRock and the Next Steps

Hong Kong Monetary Authority: The Outcomes and Findings of Project Inthanon-LionRock and the Next Steps

 

For further details, please refer to the Project Inthanon-LionRock report here.

 

You may also be interested in Phase I and Phase II reports:

Phase I report here.

Phase II report here.

 

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