Ripple’s CBDC Voyage Now Turns To Real Estate Asset Tokenization

Ripple’s CBDC Voyage Now Turns To Real Estate Asset Tokenization

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Ripple and Fubon Bank have become partners for the CBDC pilot program.
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They will explore the use cases of CBDC, focusing on tokenized real estate assets in Hong Kong.
The head of Web3 and crypto at Ripple, Emi Yoshikawa, says that the company has done a long term collaboration with Fubon Bank. It is a Taiwan based Fintech major. This collaboration is initiated by Hong Kong Monetary Authority’s (HKMA) using e-HKD as strength within this CBDC pilot program. 
The CBDC pilot program was launched with the aim to improve the speed and efficiency of payments using its own …
 

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