Project Bakong: Cambodia's Next Generation Retail Payments System - 0 views
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John Kiff on 20 Jun 20This National Bank of Cambodia report explains the rationale, technology choices, design features and potential implications of Project Bakong "next generation" retail payments system. Rather than focusing on central bank digital currency, the project targets infrastructure modernization to respond to the need to expand financial services access in the Kingdom's rural areas. A pilot test is currently underway to examine the feasibility of the approach and identify potential issues before the official launch.