National Bank of Cambodia (NBC) To Test Bakong Crypto Wallet For International Payments

2019-10-19 00:05

The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology.

According to reports from local media outlets, the central bank signed an agreement with Maybank, a Malaysia-based banking institution, […].

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