Hong Kong’s Monetary Authority (HKMA) has released a whitepaper on retail central bank digital currencies (CBDCs) while it continues to explore the potential of a digital Hong Kong dollar (e-HKD) for its domestic and cross-border markets. The paper titled “e-HKD: A technical perspective” explores potential architectures and design options as it relates to the construction of the infrastructure for distributing e-HKD. The paper highlights seven major areas of concern which analyzed the benefits and shortcomings of CBDCs as they apply to privacy, interoperability, scalability and performance, cybersecurity, compliance, operational robustness and resilience as well as their technology-enabled functional capabilities.
CH-019260 (Webpage Portal) 2021-10-05 (Published) 2021-10-12 (Updated)
