Found 10 results in 1 second.
The Paypers releases the Central Bank Digital Currencies for Dummies, an ebook which is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, the implications, and risks they pose.
central bank digital currencies, CBDC, digital dollar, digital euro, Chinese yuan, Facebook Libra, stablecoins, Central banks, commercial banks, fintech, technology providers, monetary policies, Financial systems, COVID-19, payments digitalisation, mobile wallets, smartphones, financial inclusion, customer data, digital identity, data privacy, security
Central Bank Digital Currencies for Beginners is a quick reference guide into CBDCs that aims to inform readers about what CBDCs are, the innovation they promise, and the implications and risks they pose
Mastercard’s Raj Dhamodharan agrees that CBDCs could work alongside existing schemes such as RTP to enable central banks to focus on CBDC minting and issuance while banks and PSPs focus on payment processing and distribution through existing channels
Raj Dhamodharan, MasterCard, CBDC, blockchain, payments , banking, PSP, innovation, distributed ledger, digital asset technologies, Central banks, real time payments, settlement, RTP
‘We can do better than build back the pre-pandemic world – we can build forward to a world that is more resilient, sustainable, and inclusive. We must seize this new Bretton Woods moment’ Kristalina Georgieva, IMF Managing Director, Washington, DC on 15th October 2020
central bank digital currency, CBDC, COVID-19, payments digitalisation, Libra, cross-border payment, cryptocurrencies, tokens, stablecoins, reserve currency, SWIFT, fiscal stimulus, Fed, interest rates, Central banks, commercial banks, BIS, IMF
‘Choices around the technology used for CBDC are important as they would have a significant impact on the extent to which CBDC meets our overall objectives’, The Bank of England
central bank digital currency, Lars Arvidsson, eCurrency, Bank of England, DLT, digital wallets, Central banks, commercial banks, Digital Secure Currency, payment cards, Mobile Money wallets
Douwe Lycklama, Innopay: After years of cash reduction in favour of commercial banks debt money, now central banks can regain some of their position once held in a cash society
Douwe Lycklama, INNOPAY, CBDC, central bank digital currency, programmable money, digital wallet, tokens, decentralised finance, DeFi, US, Central banks
‘In large parts of the world, Know-Your-Customer (KYC) could be replaced by Known- by-Zuck (KYZ) to the benefit of society as a whole’ ‘The Digital Currency Revolution’ by David Birch
David Birch, Libra, CBDC, Central banks, Facebook, Know-Your-Customer, identity, digital identity, identity verification, digital currency, synthetic hegemonic currency, digital wallets, Novi, Consult Hyperion
‘The principal threat to the role of the dollar as Prime currency comes not from Facebook but from China’ ‘The Digital Currency Revolution’ by David Birch
David Birch, digital currency, central bank digital currency, Facebook, China, trade, economy, central bank reserves, central bank, payments , innovation
In our second instalment of CBDC series, Barry Topf, Chief Economist at Saga Monetary Technologies, discusses the potential CBDCs hold but also the great hidden risks, especially in terms of privacy
Saga Monetary Technologies, Barry Topf, CBDC, central bank digital currency, crypto, digitalisation, tokens, trust, security, Central banks, central bank money, interest rate, financial stability, Saga token, SGA
Harro Boven, Policy Advisor at the Dutch Central Bank: ‘The introduction of CBDC would involve a structural reform of the monetary system’
central bank digital currency, CBDCs, COVID-19, digitalisation, cenytral banks, crypto, cash decline, bank account, financial stability, Harro Boven, DNB