The second phase of cross-border payment technology testing of eCNY in HK has been largely completed / Finance & Semiconductors — the call of the Laleverser

SDChain
2 min readJun 19, 2023

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According to Sing Tao Daily, the second phase of cross-border payment technology testing of digital yuan (eCNY) in HK in July last year has been largely completed. As the first company to participate in the test, Bank of China Hong Kong (BOCHK) launched two phases of the Priority Experience Programme from December last year to February this year, opening up a total of 2,100 customers to try the eCNY. Customers mainly use eCNY for consumption in the mainland, especially in scenarios such as catering and retail for small-scale high-frequency transactions. Market participants said frankly that at this stage, the application scenarios of eCNY in HK are limited, even if there are not too many application scenarios in the mainland for the time being. In the second phase of the eCNY cross-border payment test, four major banks including BOC, HSBC, Hang Seng and Standard Chartered participated in the trial. (PANews report)

Financial — HK, semiconductor — Taiwan, on the one hand is love (finance), on the other hand is friendship (semiconductor), left and right are not why to embarrass themselves , integrate with software! Using AI and Blockchain to integrate finance and semiconductors into the Metaverse, while digital payment, cross-border payment, e-commerce payment, etc. are integrated from top to bottom through the central bank’s issuance of CBDC, which will be a smoother way and will not cause people to doubt. That Lale-based Laleverse, fantasy overture: use Lale Pay to pay digital Taiwan dollars (CBDC) to buy NFTs for metaverse e-commerce and exchange goods offline. Technology always comes from the magic call, the future has come. (SDChain report)

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