Exploring the future of digital currency: HKMA launches e-HKD Pilot Programme

Exploring the future of digital currency: HKMA launches e-HKD Pilot Programme

The Hong Kong Monetary Authority (HKMA) has made an exciting announcement regarding the launch of the e-HKD Pilot Programme. This initiative involves the participation of 16 carefully selected firms from the financial, payment, and technology sectors. The primary objective of the program is to explore and identify potential use cases for the e-HKD across various categories, including payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions, and settlement of tokenised assets.

  • Alipay Financial Services (HK) Limited: Programmable payments – Merchant reward programme
  • ARTA-Emali HK Limited: Programmable payments – Investment
  • Bank of China (Hong Kong) Limited: Programmable payments – Government grant disbursement; Programmable payments – Prepaid services
  • China Construction Bank (Asia) Corporation: Programmable payments – Prepaid services 
  • Fubon Bank (Hong Kong) Limited: Settlement of tokenised assets
  • Ripple Labs Inc.: Settlement of tokenised assets
  • Giesecke+Devrient: Offline payments
  • Standard Chartered Bank (Hong Kong) Limited: Offline payments
  • Hang Seng Bank Limited: Programmable payments – Government grant disbursementProgrammable payments – Merchant reward programme
  • Hang Seng Bank Limited: Tokenised deposits
  • The Hongkong and Shanghai Banking Corporation Limited: Tokenised deposits
  • Visa Inc. : Tokenised deposits
  • Industrial and Commercial Bank of China (Asia) Ltd:. Offline payments
  • Mastercard Asia/Pacific Pte. Ltd.: Settlement of Web3 transactions
  • The Boston Consulting Group: Settlement of tokenised assets
  • HKT Payment Limited: Settlement of tokenised assets
  • ZA Bank Limited: Settlement of tokenised assets
  • The Hongkong and Shanghai Banking Corporation: Limited Full-fledged payments

Chief Executive of the HKMA, Eddie Yue has expressed his enthusiasm for the e-HKD Pilot Programme and its potential to explore innovative use cases while laying the groundwork for the possible implementation of the e-HKD. He has also acknowledged and appreciated the active participation of industry stakeholders in the pilot projects, and extended gratitude to the academic experts who are contributing their knowledge and experience to this important CBDC initiative. The ultimate goal is to foster collaboration among all stakeholders and ensure that the research and development efforts align with practical business opportunities.

The e-HKD Pilot Programme represents a significant step forward in the HKMA’s approach to the development of a potential retail central bank digital currency (CBDC). By working closely with stakeholders, the HKMA will conduct a series of pilot projects aimed at examining use cases and addressing implementation and design challenges associated with the e-HKD. The valuable insights gained from these pilots will inform and enhance the HKMA’s overall strategy and decision-making process in relation to the potential implementation of the e-HKD. It is important to note that a final decision to introduce the e-HKD has not been reached at this stage.

At the commencement event, senior executives from the selected firms had the opportunity to present the key highlights of their proposed use cases. In the coming months, the HKMA will maintain close collaboration with these firms, closely monitoring the progress of the pilot projects. While the specific outcomes may evolve and develop over time, the HKMA plans to share the key learnings and insights with the public during Hong Kong FinTech Week 2023. Additionally, the HKMA has expressed its intention to continue conducting further rounds of pilots in collaboration with industry stakeholders in the future.

In order to facilitate effective collaboration between the government, industry, and academia in the realm of CBDC research, the HKMA will establish a dedicated CBDC Expert Group. Comprised of leading academics from local universities, this group will provide invaluable insights and expertise on policy and technical issues relevant to CBDC, including privacy protection, cybersecurity, and interoperability.

 

Source: https://www.financialexpress.com/business/blockchain-exploring-the-future-of-digital-currency-hkma-launches-e-hkd-pilot-programme-3095794/

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Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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NFT Studio and Marketplace INFLUXO Launches with a Collection Featuring Two-Time FIFA World Player of the Year, Ronaldinho

NFT Studio and Marketplace INFLUXO Launches with a Collection Featuring Two-Time FIFA World Player of the Year, Ronaldinho

RIO DE JANEIRO / BVI, July 29, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) – INFLUXO (https://influxo.com/), a premier NFT creative studio, announced its launch with a limited edition NFT collection featuring two-time FIFA World Player of the Year, Ronaldinho, on INFLUXO’s own integrated marketplace. INFLUXO caters to producing quality collectible collections and one-of-a-kind masterpieces in select collaborations with sports and entertainment personalities to generate exclusive opportunities between devoted supporters and featured collaborators. Backed by a team of investors including INBlockchain ( http://inblockchain.com ), an investment group dominating the Asian blockchain space and technologies from BigONE, a global digital asset trading platform, INFLUXO is a pioneer of the future of digital collectibles. The INFLUXO Marketplace features robust payments rails, a proprietary NFT wallet and a secured bidding history as well as transactions on the Ethereum and RumSystem blockchain, which help the platform serve as an intersection of the metaverse and the universe.

INFLUXO’s main function is to serve as a trusted partner to influential clients, providing complete digital asset solutions for creating a unique NFT experience for star athletes, entertainers and their fans. The tech-driven creative studio capitalizes on working with top-tier production designers to create individually crafted masterpieces as well as collectable items to be sold on its Marketplace during a live auction. The first collection, INFLUXO x Ronaldinho, will feature exclusive pieces featuring the Brazilian soccer star, with additional collections to be announced at a later date.  “INFLUXO is breaking the mold as far as NFT platforms by making the process from creation to auction easier than ever before with unprecedented opportunities to own virtual collectibles that lead to real world experiences,” said Daniel Liu, partner at INBlockchain and CEO of INFLUXO. “Our trusted platform, seamless user experience and trusted team of investors and developers has allowed us to secure Ronaldinho for the platform’s first collection and we’re thrilled to show what’s in store for the future of digital collectibles.”

“Growing up, collecting playing cards of your favorite players was the ultimate badge of honor,” said Ronaldo de Assis Moreira, famously known as Ronaldinho, former professional footballer and the first superstar athlete with an NFT collection on Influxo. “NFTs open a whole new world where digital assets converge with the real world and eSports to bring fandom to life.”

Ronaldinho, respected by fans and opposition enthusiasts alike, has won over the hearts of hundreds of thousands during his long-spanning and successful career. Known for his humble demeanor and extraordinary skills on the field, he will unquestionably be regarded as one of the greatest soccer players in the world. Soccer aficionados have long awaited for Ronaldinho’s next project; and now they will have a chance to acquire exclusive collections and masterworks to become a part of the NFT club. The sports cards and NFTs of digitally enhanced oil paintings will undoubtedly become an irreplaceable treasure for any soccer fan in the world.

“Ronaldinho is one of the most important legends in the sports world and NFTs allow us to immortalize this legendary status through technology and entertainment,” said André Figer, founding partner for INFLUXO, VP of Figer Group, a 50 years Brazilian agency that manages football players’ careers worldwide. “We see INFLUXO as a gateway connecting superfans to collectible digital assets and real world experiences.”

“This collaboration underscores the reliability, trust and overall quality as well as INFLUXO’s potential supported by BigONE. It is proven and powered by blockchain technology and it helps facilitate reliable and secure trading,” said Anndy Lian, founding partner of INFLUXO and chairman of BigONE Asia. “We are excited to bring Ronaldinho, sports and technology together for the launch to further enhance the NFT space.”

Seven one-of-a-kind masterpiece NFTs from the Ronaldinho collection will be available for auction, with a starting bid price of 20,000 USDT. Winners of the auction will get the NFT as well as a redeemable feature to unlock an in-person experience with Ronaldinho in Dubai next year. The experience includes a round-trip ticket and two-day hotel stay as well as a gala dinner and meet-up with Ronaldinho.

Each bidder must show proof of funds and have enough money locked in their wallet at the start of the auction in order to place a bid; and bidders must place a minimum increment bid of 10,000 USDT. At the last hour of the auction closing period, there will be an overtime period, which requires a bid to only occur when the increment price is 10% of the current price. The final and highest bidder wins the auction. Their money will be settled and all other bidders’ locked money will be returned after the auction ends.

Sports legend card NFTs will also be available in a stock sale for 299 USDT. A complete series consists of six cards and one airdropping card. Collectors who hold the complete set will enter into sweepstakes for a chance to win the same Dubai experience with the auction winners or a tangible, autographed jersey.
For more information on INFLUXO x Ronaldinho collection of NFTs, please visit http://influxo.com/.

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ABOUT INFLUXO
INFLUXO is a tech-driven NFT creative studio, which provides influential clients with a complete digital asset solution, including NFT conception, market research, design, art, creation, issuance, as well as a vertical integrated auction & marketplace.

 

Source: https://apnews.com/press-release/globe-newswire/soccer-lifestyle-technology-sports-international-soccer-d50a9bf6a7b23d55b08abb5fa8377b26

 

Other Sources:

https://www.marketscreener.com/news/latest/NFT-Studio-and-Marketplace-INFLUXO-Launches-with-a-Collection-Featuring-Two-Time-FIFA-World-Player-o–36006565/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Brazil icon Ronaldinho launches line of digital collectables

Brazil icon Ronaldinho launches line of digital collectables

Two-time FIFA World Player of the Year Ronaldinho has today launched a limited edition NFT (non-fungible token) collection in collaboration with leading creative studio INFLUXO.

The former Barcelona, AC Milan and Paris Saint-Germain star will be the latest sports and entertainment personality to feature in a range of one-of-a-kind masterpieces.

Ronaldinho’s collection of exclusive pieces is the first that will feature on INFLUXO’s own Marketplace during a live auction for collectors and dedicated fans with additional collaborations to follow.

“Growing up, collecting playing cards of your favorite players was the ultimate badge of honor,” said Ronaldinho of his groundbreaking NFT collaboration with INFLUXO. “NFTs open a whole new world where digital assets converge with the real world and eSports to bring fandom to life.”

Ronaldinho’s storied career saw him win the UEFA Champions League as well as two La Liga titles with Barcelona and a Serie A crown while playing for AC Milan with the 2005 Ballon d’Or and his 2004 and 2005 FIFA World Player of the Year awards among his many individual accolades.

“Ronaldinho is one of the most important legends in the sports world and NFTs allow us to immortalize this legendary status through technology and entertainment,” said INFLUXO founding partner and Figer Group VP Andre Figer. “We see INFLUXO as a gateway, connecting superfans to collectible digital assets and real-world experiences.”

Ronaldinho is revered by soccer fans across the world for his memorable successes and exceptional ability with the Brazilian genius one of the few visiting players to earn a standing ovation at Real Madrid’s Santiago Bernabeu after a mesmerizing display in his 2005 prime with Barca.

“We are excited to bring Ronaldinho, sports and technology together for the launch to further enhance the NFT space,” added INFLUXO founding partner and BigONE Asia chairman Anndy Lian.

Seven one-of-a-kind NFTs from the Ronaldinho collection will go on auction and the winner will also snare an in-person experience with the man himself in Dubai next year as part of an experience which includes a round-trip ticket, two-day holiday stay, gala dinner and meet-up.

There will also be sports legend card NFTs available in six-card series with one additional airdropped card which enters holders into a sweepstake to win the same Dubai experience with the auction winner or an autographed jersey.

Source: https://www.cbssports.com/soccer/news/brazil-icon-ronaldinho-launches-line-of-digital-collectables/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j