Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform

by Aurelia Butler 18 May 2023, 19:00 159 Views

Ripple will partner with Taiwan’s Fubon Bank and others to demonstrate equity release with tokenized assets using a retail version of the e-HKD CBDC. Equity release, also known as a reverse mortgage, is the practice of a lender letting a homeowner access the equity in their home, with payment coming due only when the house is sold or the borrower dies.

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Source: Cryptocurrency - investing.com

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Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform

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