HO CHI MINH CITY, Vietnam, Aug 5 (Bernama-GLOBE NEWSWIRE) — As a response to the Global Challenge for retail Central Bank Digital Currency (CBDC) solutions organized by the Monetary Authority of Singapore (MAS) on 23 June 2021, a group of experts from Decom Holdings Vietnam has proposed innovative ideas and solutions to address 12 different problem statements raised by the MAS and partner organizations from all over the world. These statements are centered on three key areas: CBDC Instrument; CBDC Distribution; and CBDC Infrastructure.
All senior experts in different time zones and working environments have worked diligently together to come up with the most original and innovative proposal possible for this contest. With a group of experts’ expertise and experience in financial and banking, blockchain security, cryptography, and other blockchain applications, the team is very confident in contributing to enhance payment efficiencies and promote financial inclusion through the Global Challenge for Retail CBDC Solutions launched by MAS.