Hong Kong and Thailand to roll out a two-tier digital token for bilateral trade

According to the South China Morning Post, Hong Kong, and Thai Central banks are exploring blockchain-backed digital currencies to facilitate quicker payment in bilateral trade. Both the Monetary authorities are poised to roll out a two-tier digital token as part of the process for creating a prototype for cross-border fund transfers between the countries.   […]The post Hong Kong and Thailand to roll out a two-tier digital token for bilateral trade appeared first on Coinnounce.