.AntonyWelfare Ripple CBDC advisor showcases XRPL real-world utility in NFTs RippleXRP XRPCommunity XRPArmy $XRP NFT XRPHolders
brought attention to how Hong Kong intends to test its digital dollar in the $229 billion mortgage market using XRPL and Ripple CBDC technology.
In May, Ripple announced that it had been chosen to participate in the Hong Kong Monetary Authority's first-ever e-HKD Pilot Program and showcase a real estate asset tokenization solution. According to the pilot participants, the central bank of Hong Kong intends to test the use of its digital currency as part of a pilot project in the $229 billion mortgage market. The goal is to cut the month-long loan approval procedure in half.Fubon Bank and Ripple, two of the pilot participants, will examine the usage of the e-HKD in residential mortgage loans, which made up one-fifth of the loan book for the banking industry in recent months, according to Welfare.
In the pilot study, it will be evaluated whether home buyers can get e-HKD loans in an e-wallet both online and offline.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Pro-XRP Lawyer Points Out Most Important Lawsuit, Here's Surprising PartPro-XRP lawyer thinks this lesser known lawsuit is most important for crypto industry RippleXRP Ripple XRPArmy XRPCommunity XRPHolders $XRP
Baca lebih lajut »
Ripple Top Lawyer Slams SEC HypocrisyRipple top attorney s_alderoty accuses SEC of double standards XRPArmy XRPCommunity XRP XRPholders $XRP
Baca lebih lajut »
Ripple CTO Wants Community Input on His 'Funny' Address to Metaco StaffersRipple's JoelKatz stirred up the community with a new speech meant for metaco_sa staff
Baca lebih lajut »
Ripple CTO Reveals Strategic Shift and Vision for XRP LedgerWhy was XRP Ledger created? Original architect unveils untold journey xrp xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple $xrp
Baca lebih lajut »
Miss Lehi Teen 'excited to serve' role after week of confusion on pageant title“Now that I have been given my opportunities and my title back, I am so excited, I am really excited, to serve and get to do what I won in the first place.' emmarileytv
Baca lebih lajut »
Tony Stewart 'Freaked Out' but Also Excited about Becoming a Father with Wife Leah PruettStarting a family could be one path, if even on short-term basis, for Stewart to replace Pruett in her NHRA Top Fuel dragster.
Baca lebih lajut »