Results 211 to 220 of about 7,165 (269)

Cos-CBDC: Design and Implementation of CBDC on Cosmos Blockchain

2021 22nd Asia-Pacific Network Operations and Management Symposium (APNOMS), 2021
With the advent of e-commerce and electronic payment systems, the use of paper currency is decreasing. Therefore, it is sufficiently predictable that most paper currencies will disappear and digital currencies will become the mainstream. This phenomenon is further accelerated by advances in blockchain technology and COVID-19.
Jungsu Han   +6 more
openaire   +1 more source

DLT Options for CBDC

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

CBDC and Financial Stability

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

The Positive Case for a CBDC

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

The digital economy, privacy, and CBDC

SSRN Electronic Journal, 2022
We 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

Home - About - Disclaimer - Privacy