IEMS - Thought Leadership Brief #76

4 FALL 2023 NO.76 / THOUGHT LEADERSHIP BRIEF Kar Yan Tam is Dean of the Business School and Chair Professor of Information Systems, Business Statistics and Operations Management at The Hong Kong University of Science and Technology (HKUST). He is currently the Acting Director of HKUST Institute for Emerging Market Studies. Prof Tam received his PhD from Purdue University and started off his academic career at the University of Texas (Austin). As a researcher, Prof Tam is well known for his contributions in information systems and the diffusion of innovations in organisations. He is currently serving on several regulatory bodies and councils of tertiary institutions, such as the Exchange Fund Advisory Committee of the Hong Kong Monetary Authority, the Anti-money Laundering and Counter-Terrorist Financing Review Tribunal and the Metropolitan University of Hong Kong (MUHK) and Technological and Higher Education Institute of Hong Kong (THEi). He is a member of the Hong Kong Academy of Finance. Christy Yeung is Head of Fintech and Green Finance Projects of The Hong Kong University of Science and Technology, overseeing research projects, talent development initiatives, and industry engagement in the areas of fintech and green finance. Her research interests include fintech and green finance policies and talent development with a focus on filling the talent gaps for Hong Kong’s financial sector. Read all HKUST IEMS Thought Leadership Briefs at http://iems.ust.hk/tlb T: (852) 3469 2215 E: iems@ust.hk W: http://iems.ust.hk A: Lo Ka Chung Building, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon With Support from Indeed, before the e-HKD is widely introduced, the public should already be encouraged to start learning the fundamental concepts of rCBDC to gain basic understanding. We recommend that education initiatives are conducted throughout the different phases, from before to after the launch of the e-HKD. As people gain more understanding about the benefits of the e-HKD, their perceptions will differ, which will provide valuable insights for the development of the e-HKD. We recommend that feedback from the public is collected regularly even after the e-HKD is launched to facilitate continuous enhancements on the design, functionality, and usability.

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