Arcartera Limited, a pioneer of digital currency, is disrupting the conventional financial  system in Hong Kong with their new HKD Tokens.

What is it? 

HKD Token is a stable-coin based payment system. It comes with a smartphone app, but also has a physical card, which is similar to existing cards that you know from public transport. This makes HK Tokens a perfect entry to Blockchain, for you, for kids, senior citizens and tourists.

And HKD Tokens are stable, because they are pegged to the Hong Kong Dollar on a 1:1 basis. Unlike Crypto Currency, they don’t change value. They are just like a digital Hong Kong Dollar. 

A traditional payment system, coupled with the innovative nature of blockchain technology makes them a perfect combination of both worlds. 

How does it work? 

There are 5 steps in their life cycle:

Step-1: A user deposits Hong Kong Dollar Cash at a store that supports HKD Tokens, or direct into the company’s bank account.

Step-2: HKD Tokens are sent to the users’ Smartphone App, or a Card is issued. The amount of issued HKD Tokens that enter circulation is equal to the users’ deposited amount of Hong Kong Dollars.

Step-3: The HKD Tokens are used for transactions: Pay with the HKD Token App on your smartphone, or use the physical Token Card. Merchants that accept HKD Tokens pay a small fee for the process, while the process is free to the user.

Step-4: A user can change their HKD Tokens back to Hong Kong Dollars. Simply use the app or visit and request a transfer.

Step-5: Arcartera removes the tokens from circulation, and sends the equal amount of Hong Kong Dollars back to the users bank account.

Arcartera is the only party that can issue HKD Tokens into circulation or take them out of circulation. This is the main process by which the systems solvency is maintained.

Aside from the aforementioned process, users can also send and receive HKD Tokens currently in circulation. Anyone with the HKD Token App can send and receive them. Since HKD Tokens are Blockchain Assets, users can even send them world wide: Any person that has a crypto wallet, can receive HKD Tokens.