logo

National Bank of Cambodia’s Serey: “Bakong is not a CBDC, it is a backbone payment system built on DLT”

https://live.theasianbanker.com/

Chea Serey, assistant governor and director general of the National Bank of Cambodia discusses the development of the newly launched Bakong payment system, the first in the world to be built on distributed ledger technology and how it brings the formal financial system comprising licensed commercial banks, microfinance institutions, and payment service providers together on a single interoperable platform that connects users directly to drive financial inclusion

https://www.radio.finance/episodes/nbcs-serey-bakong-is-not-a-cbdc-it-is-a-backbone-payment-system-built-on-dlt