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IDA Finance Hong Kong Limited (IDA), a leading digital asset company based in Hong Kong, Progmat Inc. (Progmat), a digital assets platform provider backed by Japan's largest banking groups and technology firms, Datachain, Inc. (Datachain), a leading blockchain firm in Japan, and TOKI FZCO (TOKI), a cross-chain infrastructure provider, have announced a strategic partnership to develop概念证明(POC),以实现香港和日本之间基于稳定的跨境用例。
IDA Finance Hong Kong Limited (IDA), a leading digital asset company based in Hong Kong, Progmat Inc. (Progmat), a digital assets platform provider backed by Japan’s largest banking groups and technology firms, Datachain, Inc. (Datachain), a leading blockchain firm in Japan, and TOKI FZCO (TOKI), a cross-chain infrastructure provider, have announced a strategic partnership to develop a proof of concept (PoC) to enable stablecoin-based cross-border use cases between Hong Kong and Japan.
IDA Finance Hong Kong Limited (IDA), a leading digital asset company based in Hong Kong, Progmat Inc. (Progmat), a digital assets platform provider backed by Japan's largest banking groups and technology firms, Datachain, Inc. (Datachain), a leading blockchain firm in Japan, and TOKI FZCO (TOKI), a cross-chain infrastructure provider, have announced a strategic partnership to develop概念证明(POC),以实现香港和日本之间基于稳定的跨境用例。
The PoC will explore the potential of stablecoins to facilitate efficient and cost-effective cross-border payments and remittances, ultimately contributing to increased trade and economic activity between the two regions. It will also examine the technical and regulatory feasibility of using blockchain technology to integrate stablecoins into existing financial systems.
POC将探索Stablecoins促进有效且具有成本效益的跨境支付和汇款的潜力,最终导致两个地区之间的贸易和经济活动增加。它还将研究使用区块链技术将Stablecoins整合到现有金融系统中的技术和法规可行性。
The initiative aims to provide a viable alternative for initiating, processing, and settling import/export trades between Japan and Hong Kong using stablecoins and blockchain technology. Both regions are positioned as attractive destinations for stablecoin issuance and related activities. This initiative demonstrates a robust commitment to creating a secure and efficient framework for digital assets, supported by regulatory clarity from both Hong Kong and Japan regarding stablecoin development.
该倡议旨在为日本和香港之间使用Stablecoins和区块链技术提供可行的替代方案,用于启动,处理和解决日本和香港之间的进出口交易。这两个区域都定位为签发和相关活动的有吸引力的目的地。该计划表明,在香港和日本对Stablecoin开发方面的监管清晰度的支持下,为数字资产创建安全有效的框架做出了强有力的承诺。
“According to the Hong Kong Trade Development Council (HKTDC), Japan was Hong Kong’s fifth-largest trading partner in 2023, making it one of the largest markets for imports and exports. With stablecoins emerging as a viable alternative to traditional remittance methods, along with stablecoin regulatory clarity from both regions, the potential for growth in this area is enormous,” said Sean Lee, Co-Founder of IDA.
“According to the Hong Kong Trade Development Council (HKTDC), Japan was Hong Kong's fifth-largest trading partner in 2023, making it one of the largest markets for imports and exports. With stablecoins emerging as a viable alternative to traditional remittance methods, along with stablecoin regulatory clarity from both regions, the potential for growth in this area is enormous,” said Sean Lee, Co-Founder艾达。
This PoC will evaluate the improvements and benefits compared to current trade routes while addressing regulatory and compliance considerations. As a starting point, IDA, Progmat, Datachain and TOKI will identify a testing user to initiate a cross-border payment request using stablecoins denominated in Japanese Yen and Hong Kong Dollars. The parties will ensure successful receipt of both stablecoins and fiat funds through local off-ramp partners. IDA will maintain robust monetary management and a transparent 1:1 reserve backing, strictly adhering to regulatory compliance under Hong Kong’s regime. Progmat will provide the stablecoin issuance and management platform, Progmat Coin. Datachain will support the development and implementation of cross-border stablecoin exchanges. TOKI will leverage its cross-chain expertise to enable seamless cross-chain transactions.
该POC将评估与当前贸易路线相比的改进和收益,同时解决法规和合规考虑。作为起点,IDA,Progmat,Datachain和Toki将使用以日元和香港计算的stablecoins来确定测试用户,以启动跨境支付请求。双方将确保通过当地跨坡道合作伙伴成功收到Stablecoins和FIAT资金。 IDA将保持强大的货币管理和透明的1:1后备支持,严格遵守香港政权下的监管合规性。 Progmat将提供Stablecoin发行和管理平台Progmat Coin。 Datachain将支持跨境Stablecoin交换的开发和实施。 Toki将利用其跨链专业知识来实现无缝的跨链交易。
This initiative aligns with the broader industry efforts to promote the use of stablecoins and blockchain technology for cross-border payments and trade finance. As the ecosystem matures and integrates, we can anticipate the development of even more sophisticated and efficient solutions for facilitating global commerce and economic cooperation.
该计划与行业更广泛的努力相吻合,以促进使用Stablecoins和区块链技术用于跨境支付和贸易融资。随着生态系统的成熟和整合,我们可以预期开发更复杂,更有效的解决方案,以促进全球商业和经济合作。
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