HOW MBRIDGE WORKS

The mBridge project builds upon the initial investigation by the central banks of Hong Kong and Thailand (Project InthanonLionRock), which proved the viability of a common CBDC platform between two jurisdictions.

The current phase of the project broadens the geographic and diversity of currencies, adding the Digital Currency Institute’s experience with rolling out the e-CNY pilot in China, and learning from the UAE Central Bank developing a single-currency blockchain solution with Saudi Arabia (Project Aber).