DBS Hong Kong has completed the testing of the "Digital HKD+" project based on the intention currency technology.

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According to Mars Finance, on September 16, as reported by the Hong Kong Commercial Daily, DBS Hong Kong announced that it has completed the second phase of testing for the Digital Hong Kong Dollar Pilot Program by the Monetary Authority, exploring how tokenization and programmability can enhance the application of digital vouchers. This pilot project is supported by the DBS Bank's token services, integrating tokenization and smart contracts technology with the bank's transaction services, utilizing Purpose-Bound Money (PBM) technology to test the addition of specific consumption conditions on digital currencies such as the Digital Hong Kong Dollar. Related applications can be expanded to other rewards programs, financial management, supply chain payments, and improving payment process management.

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