Results 131 to 140 of about 697 (184)
Some of the next articles are maybe not open access.
SSRN Electronic Journal, 2022
This paper provides an overview of the distributed ledger technology (DLT) options available to central banks for issuing central bank digital currency (CBDC). We discuss the main requirements that a DLT solution must fulfill and analyze the various structures for implementation offered by DLT - public, permissioned and private - and the implications ...
Guo, Sky, Kreitem, Joseph, Moser, Thomas
openaire +2 more sources
This paper provides an overview of the distributed ledger technology (DLT) options available to central banks for issuing central bank digital currency (CBDC). We discuss the main requirements that a DLT solution must fulfill and analyze the various structures for implementation offered by DLT - public, permissioned and private - and the implications ...
Guo, Sky, Kreitem, Joseph, Moser, Thomas
openaire +2 more sources
SSRN Electronic Journal, 2023
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model of financial intermediation with an endogenously determined probability of a bank run, using global games. As an alternative to bank deposits, consumers can also store their wealth in remunerated CBDC issued by the central bank.
Ahnert, Toni +3 more
openaire +2 more sources
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model of financial intermediation with an endogenously determined probability of a bank run, using global games. As an alternative to bank deposits, consumers can also store their wealth in remunerated CBDC issued by the central bank.
Ahnert, Toni +3 more
openaire +2 more sources
2021
Nous discutons des mérites de l’émission d’une monnaie numérique de banque centrale (MNBC) sur les plans de la concurrence et de l’innovation. Une MNBC pourrait être un outil de politique de concurrence efficace pour les paiements, en plus de soutenir le dynamisme de l’économie numérique.
Usher, Andrew +3 more
openaire +2 more sources
Nous discutons des mérites de l’émission d’une monnaie numérique de banque centrale (MNBC) sur les plans de la concurrence et de l’innovation. Une MNBC pourrait être un outil de politique de concurrence efficace pour les paiements, en plus de soutenir le dynamisme de l’économie numérique.
Usher, Andrew +3 more
openaire +2 more sources
SYNTHETIC CBDC” is not a “CBDC” CBDC and its Core Features (e₹-Whole Sale and e₹-Retail)
The Management Accountant Journal, 2023For a Nation’s Economy to function successfully, its citizens must have confidence in its money and payment services. The Reserve Bank of India, as the Nation’s Central Bank, works to maintain the public’s confidence by development:~ Monetary Stability.~ Financial Stability, and also~ A Safe and Efficient Payment System.A CBDC can be defined as a ‘Form
openaire +1 more source
The digital economy, privacy, and CBDC
SSRN Electronic Journal, 2022We study a model of financial intermediation, payment choice, and privacy in the digital economy. Cash preserves anonymity but cannot be used for more efficient online transactions. By contrast, bank deposits can be used online but do not preserve anonymity. Banks use the information contained in deposit flows to extract rents from merchants in need of
Ahnert, Toni +2 more
openaire +2 more sources
The External Financial Spillovers of CBDCs
SSRN Electronic Journal, 2023zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Moro, Alessandro, Nispi Landi, Valerio
openaire +2 more sources
Banca Impresa Società, 2020
Central bank digital currencies projects are here discussed, according to a legal view, in order to capture analogies and differences from the Sovereign money and MMT theory of money. The features of complementary currencies are recalled so to emphasize the functions of money primarily accomplished by CBDC.
openaire +3 more sources
Central bank digital currencies projects are here discussed, according to a legal view, in order to capture analogies and differences from the Sovereign money and MMT theory of money. The features of complementary currencies are recalled so to emphasize the functions of money primarily accomplished by CBDC.
openaire +3 more sources
A Proposal for a Canadian CBDC
SSRN Electronic Journal, 2021Undoubtedly inspired by recent advances in technology-driven payment systems such as mobile payment systems, cryptocurrencies, and blockchain technologies, recent years have seen central banks worldwide explore the possibility of issuing digital forms of fiat money called central bank digital currencies or CBDCs.
Kyoung Jin Choi +4 more
openaire +1 more source
THE POTENTIAL IMPACT OF CBDC ON THE ECONOMY. PROSPECTS OF CBDC IMPLEMENTATION IN RUSSIA
Экономика и предпринимательство, 2023В статье анализируется потенциальное влияние внедрения CBDC на экономику, возможности и риски, которые сопутствуют данному процессу. Рассматривается в том числе в разрезе влияния на разделение труда и баланс характеристик рыночных и плановых механизмов в экономике. Рассматриваются тенденции внедрения CBDC в качестве цифрового рубля в России.
openaire +1 more source
2018 5th International Conference on Dependable Systems and Their Applications (DSA), 2018
Recently digital currency has received significant attention, and among many topics within digital currency, CBDC (Central Bank issued Digital Currency) has been a hot topic as it will affect national currency systems. RSCoin is the first CBDC model sponsored by Bank of England, and it uses the UTXO model from Bitcoin.
Wei-Tek Tsai +4 more
openaire +1 more source
Recently digital currency has received significant attention, and among many topics within digital currency, CBDC (Central Bank issued Digital Currency) has been a hot topic as it will affect national currency systems. RSCoin is the first CBDC model sponsored by Bank of England, and it uses the UTXO model from Bitcoin.
Wei-Tek Tsai +4 more
openaire +1 more source