Jun 24 2022


3:00 pm - 6:00 pm

Opportunities and Challenges of Central Bank Digital Currencies (CBDCs) to the Traditional Financial Sector

Program Code: TD20220607

Digital assets, including digital currencies and CBDCs, are among the key applications of blockchain. CBDCs have become one of the most important areas in the global central banking community.  In Hong Kong, the Hong Kong Monetary Authority (HKMA) started a study in 2017 to understand their benefits and possible applications.  The Authority also makes CBDCs the focus of their second Fintech 2025 strategy and published a white paper in 2021.

This webinar aims to explore the opportunities and challenges of CBDCs to the traditional financial sector in Hong Kong.

Key Outlines:

  1. The interrelationship between the Internet and monetary development
  • Decentralized finance (DeFi) powered by Blockchain technology
  • Currency functions and iterations of the carriers
  • Types and development of Central Bank Digital Currency (CBDC) Worldwide
  1. Interpreting the impact of Digital Renminbi (eCNY) and Digital Hong Kong Dollar (eHKD) on the community, especially the Greater Bay Area
  • Interpreting the similarities and differences between global central bank digital money development and digital RMB
  • Introduction to the differences, development profiles, and application scenarios of retail and wholesale CBDC
  • The impact of digital RMB on the digital ecology of China and the Belt and Road countries after the full implementation of digital RMB
  • The role of the digital Hong Kong dollar and the development outlook for the next five years

For Whom:

  • Practitioners from the financial industry
  • Anyone who is interested in this topic

Date & Time:
24 June 2022 (Friday)
3:00pm – 6:00pm (3 hours)


Training Mode:
Virtual (Zoom or MS Teams)

Trainer’s Profile – Prof. Chan
As a FinTech enthusiast, Prof. Chan has over 20 years of experience in managing IT & business transformation projects in international financial institutions. He had worked for sizable international banks, including Credit Suisse and BayernLB, in the roles of First Vice President, Head of IT in the Asia Pacific, Project Director, and Operations Manager Asia Pacific. His extensive experience covers both Business and IT consulting, encompassing design, setup, leading, and managing of cross-border projects throughout Asia.

Prof. Chan is now the adjunct professor and visiting lecturer of EMBA and FinTech courses for various Universities and educational institutions in Hong Kong.

Disclaimer: Employers may, at their discretion, recognize any qualifications that may be obtained from this course.

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