ilmscore | Project mBridge Predictions
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Project mBridge

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Recent Predictions

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Saudi Arabia has joined Project mBridge, a cross-border digital currency trial led by China.
"Saudi Arabia has joined a China dominated Central Bank digital currency crossborder trial and it's c..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
Saudi Arabia has become a full participant in Project mBridge.
"Saudi Arabia is now officially a full participant in Project embridge."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
Project mBridge, initiated in 2021 and involving China, Hong Kong, Thailand, and the UAE, has reached its Minimum Viable Product (MVP) stage, indicating its transition from a concept to a functional trial for cross-border CBDC trade.
"this project which started in 2021 is a collaboration between the central banks of China Hong Kong T..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
Project mBridge is a CBDC designed for instantaneous and low-cost international value transfers.
"this is where project embridge comes in what it is is a central bank digital currency that allows th..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
Project mBridge utilizes Distributed Ledger Technology (DLT), the same technology that underpins Bitcoin.
"how it does this is it uses something called DT or distributed Ledger technology which is the same t..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
Project mBridge prioritizes security and scalability over decentralization.
"embridge they chose to master security and sc avability but they left out decentralization"
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
The sandbox version of Project mBridge has been made accessible to 27 additional entities, including the IMF, World Bank, central banks of Norway, South Korea, and Turkey, and major financial institutions like HSBC and Goldman Sachs, as well as the New York Fed.
"27 other official entities including the international monetary fund the World Bank and the central ..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...
The Project mBridge platform utilizes Ethereum's Solidity smart contract language and the Ethereum Virtual Machine.
"the embridge platform uses ethereum solidity smart contract language and the ethereum virtual machin..."
Andrei Jikh Andrei Jikh
Jun 17, 2024
Pending
After Ditching the D...