{"id":7544,"date":"2025-10-17T01:17:55","date_gmt":"2025-10-17T01:17:55","guid":{"rendered":"https:\/\/acudc.com\/?p=7544"},"modified":"2025-10-17T01:18:44","modified_gmt":"2025-10-17T01:18:44","slug":"hsbc-stanchart-bank-of-china-hk-share-plans-for-hk-tokenized-deposit-sandbox","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh\/hsbc-stanchart-bank-of-china-hk-share-plans-for-hk-tokenized-deposit-sandbox\/","title":{"rendered":"HSBC, StanChart, Bank of China HK share plans for HK tokenized deposit sandbox"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"7544\" class=\"elementor elementor-7544\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"794\" height=\"492\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2025\/10\/News1016.03.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2025\/10\/News1016.03.png 794w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/10\/News1016.03-300x186.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/10\/News1016.03-768x476.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/10\/News1016.03-18x12.png 18w\" sizes=\"(max-width: 794px) 100vw, 794px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><!-- wp:list --><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul><!-- wp:list-item --><\/ul>\n<\/li>\n<\/ul>\n<p>Image by Ledger Insights<\/p>\n<p>Last week we reported that the Hong Kong Monetary Authority (HKMA) launched its Project Ensemble Sandbox. The primary purpose is to trial a wholesale central bank digital currency (wCBDC) as a settlement tool for tokenized deposits. Additionally, various tokenization trials will use tokenized deposits for settlement. Some of the four banks involved in the trials \u2013 HSBC, HSBC-owned Hang Seng Bank, Standard Chartered HK and Bank of China HK \u2013 ran trials as part of the setup process for the Sandbox. They shared the details.<\/p>\n<p>As previously noted, the tests will also include two high profile asset managers, BlackRock and Franklin Templeton.<\/p>\n<p>HSBC ran three Proofs of Concept (POCs) as part of the Sandbox setup. One for a purchase of digital bonds on the HSBC Orion platform using tokenized deposits recorded on the HSBC ledger. Another was the interbank transfer of tokenized deposits with Hang Seng Bank, using the Ensemble interoperability platform. And the third was the use of tokenized deposits for settlement of electronic bills of lading (eBL) initially issued via the GSBN blockchain and tokenized by Ant Digital. Hang Seng Bank also took part in the eBL tests.<\/p>\n<p>\u00a0<\/p>\n<p>Retrieved from: <a href=\"https:\/\/www.ledgerinsights.com\/hsbc-stanchart-bank-of-china-hk-share-plans-for-hk-tokenized-deposit-sandbox\/\">https:\/\/www.ledgerinsights.com\/hsbc-stanchart-bank-of-china-hk-share-plans-for-hk-tokenized-deposit-sandbox\/<\/a><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":7531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[38,81,83,78,82],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7544"}],"collection":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/comments?post=7544"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7544\/revisions"}],"predecessor-version":[{"id":7548,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7544\/revisions\/7548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media\/7531"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media?parent=7544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/categories?post=7544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/tags?post=7544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}