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Project Bakong

The Bakong Temple, a Hindu site built during the Khmer Empire in 9th century AD.
Markets
National bank of cambodia
Meet the Woman Behind Cambodia's Moonshot Blockchain Project
The Bakong payments system is designed to end poverty and reduce dependence on the U.S. dollar. Serey Chea is making it happen.
The Bakong Temple, a Hindu site built during the Khmer Empire in 9th century AD.
By Leah Callon-Butler
Mar 18, 2021 at 12:05 p.m. UTC
Mar 18, 2021
National Bank of CambodiaProject BakongMoonshot Blockchain
MREP18front
Podcasts
Podcasts
Inside Bakong: How Cambodia Hopes to Leapfrog Into the Future With Digital Currency
A thought-provoking look at how small economies can use CBDCs to leapfrog their otherwise underdeveloped financial systems into something far more advanced.
MREP18front
By Michael J. CaseySheila Warren
Mar 5, 2021 at 5:35 p.m. UTC
Mar 5, 2021
PodcastsCBDCsProject BakongMoney Reimagined PodcastSheila Warren
Project Bakong is named after Cambodia's eponymous sandstone temple.
Markets
Asia
Cambodia Central Bank Launches Bakong Blockchain Payments System
Cambodia sees Bakong as a critical step in modernizing its payment system and de-dollarizing its economy.
Project Bakong is named after Cambodia's eponymous sandstone temple.
By Danny Nelson
Oct 28, 2020 at 5:11 p.m. UTC
Oct 28, 2020
AsiaHyperledgerCambodiaProject Bakong
The U.S. dollar has been Cambodia's de facto currency for decades. (Lightlook/Shutterstock)
Markets
Blockchain
Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper
Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong.
The U.S. dollar has been Cambodia's de facto currency for decades. (Lightlook/Shutterstock)
By Danny Nelson
Jun 19, 2020 at 9:50 p.m. UTC
Jun 19, 2020
BlockchainNational Bank of CambodiaProject BakongHyperledger Iroha
Credit: Shutterstock
Markets
Digital currency
Cambodia Readies a Blockchain-Based Digital Currency
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the...
Credit: Shutterstock
By Paddy Baker
Jan 30, 2020 at 5:00 p.m. UTC
Jan 30, 2020
digital currencyCambodiaNational Bank of CambodiaCBDCsProject Bakong