JETCO joins as the New Participant in Project Ensemble

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JETCO joins as the New Participant in Project Ensemble

28 October 2024

Thanks to the support from the HKMA, it is JETCO’s honour to partner with China Construction Bank (Asia) and Fubon Bank (Hong Kong) to participate in the Ensemble Sandbox under the theme Fixed Income and Investment Fund. JETCO’s infrastructure has successfully connected to Ensemble Sandbox.  Various Payment-versus-Payment (PvP) and Delivery-versus-Payment (DvP) scenarios will be testified under the Sandbox together with these 2 banks and other Sandbox participants.  All the experiences learnt from the coming PoC will be valuable for the future actual implementation.  JETCO is fully devoted to this PoC testing.

Under Web3 era, real-time settlement for transacting tokenised financial products is crucial.  To enable this, tokenised deposit and a clearing infrastructure to facilitate the settlement of tokenised deposit across financial institutions are essential. Looking forward to a successful testing under Project Ensemble Sandbox with China Construction Bank (Asia) and Fubon Bank (Hong Kong)!