According to Foresight News, the Hong Kong Monetary Authority held a sandbox launch ceremony for the Ensemble project today and announced that the first phase of the trial will cover four major tokenized asset use case themes.
The HKMA has completed the construction of a sandbox aimed at facilitating interbank settlement using experimental tokenized currencies and focusing on tokenized asset trading.
Participating banks in the Ensemble project architecture working group have connected their tokenized deposit platforms to the sandbox, preparing for future experiments in cross-bank payment synchronization and cash-on-delivery settlement.
