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South Korea CBDC 'Project Hangang' Phase 2 Targets 500K Users
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South Korea CBDC 'Project Hangang' phase 2 targets 500K users
South Korea's Bank of Korea launches Phase 2 of its CBDC pilot, featuring new banking-like features and increased user engagement for digital currency. The post South Korea CBDC ‘Project Hangang’ phase 2 targets 500K users appeared first on CoinGeek.
[Digital Daily Reporter Cho Yoon-jung] NHN KCP, a comprehensive payment company, is participating in Phase 2 of ‘Project Hangang,’ the Bank of Korea’s central bank digital currency (CBDC) demonstration project, together with Shinhan Bank. NHN KCP announced on the 27th that it is collaborating with Shinhan Bank to expand the real-world use of a deposit token-based payment network. This approach involves VANs, Payment Gateways (PGs), and banks ve…
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