Most Influential 2021: Serey Chea
Project Bakong stands apart from other nation digital currency experiments. Chea brought Cambodia’s moonshot into being.
Updated May 11, 2023 at 4:31 p.m. UTC
Serey Chea is deputy director general at the National Bank of Cambodia, which is taking a unique approach to a central bank digital currency (CBDC), with its Project Bakong. Chea is adamant that the nation’s digital currency, built on the Hyperledger distributed ledger, isn’t a CBDC, but is working to bring basic financial services to Cambodia, where nearly 80% of the population is unbanked.
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