Project mBridge Multi-CBDC Platform
Sector: Finance • Location: China
Source: CSEP India
Project mBridge is a multi-state cross-border CBDC initiative involving the central banks of China, Hong Kong, Thailand, Saudi Arabia, and UAE, facilitated by the Bank of International Settlements’ Innovation Hub. It uses a blockchain-based ledger to enable real-time, peer-to-peer cross-border payments, aiming to reduce transaction times and costs significantly. The project reached a minimum viabl
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Project mBridge is a multi-state cross-border CBDC initiative involving the central banks of China, Hong Kong, Thailand, Saudi Arabia, and UAE, facilitated by the Bank of International Settlements’ Innovation Hub. It uses a blockchain-based ledger to enable real-time, peer-to-peer cross-border payments, aiming to reduce transaction times and costs significantly. The project reached a minimum viable product stage in late 2024 and supports multi-currency cooperation. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |