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Central Bank Digital Currency [PDF]
Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have changed the landscape of the national payments system (NPS) in virtually every country in the world.
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TRADITIONAL CRYPTOCURRENCIES AND FIAT-BACKED DIGITAL CURRENCIES [PDF]
The digital payments space saw vigorous investment activity during 2020 and there have been a plethora of announcements about account based Central Bank Digital Currencies.
Serghei MĂRGULESCU, Elena MĂRGULESCU
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The Digital Currency of China's Central Bank: Digital Currency Electronic Payment(DCEP)
DCEP is the Chinese version of Central Bank Digital Currency (CBDC). It is the only legal digital currency in China and meets four conditions: (a) it is issued by the central bank; (b) it is digitized; (c) it is account and wallet based; (d) it is ...
Chen Gengxuan, Jia Qinmin, Ling Hao, and Liu Yuyang
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AN IDEAL LEGAL TENDER FOR THE DIGITAL ERA
The Covid-19 pandemic has accelerated a shift towards digital payments and altered consumer behaviour when it comes to making payments. As a result, the use of state-issued money as legal tender continues to decline in most countries.
Fransiska Ari Indrawati
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THE FUTURE IN CENTRAL BANKS ACTIVITY – CENTRAL BANK DIGITAL CURRENCY – [PDF]
Developments in recent years in the technologies that underpin money transfers and financial investments have challenged banking in general and central banking in particular.
ISTRATE Alexandra Claudia +1 more
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Central Bank Digital Currencies
Today’s societal digitization continues to advance at exponential speeds driven by technology trends. Billions of Internet of Things devices have made their way into our daily lives, but also into healthcare, manufacturing, and supply chains. In contrast, the financial sector still largely operates on legacy infrastructures, where merchants receive ...
Pocher Nadia, Veneris Andreas
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Investigating Intention to Use Central Bank Digital Currency in Indonesia
Central Bank Digital Currency (CBDC) is a digital currency issued by a government-controlled central bank of a particular country. Bank Indonesia as the central bank in Indonesia has been trying to develop a CBDC known as digital rupiah.
Nindita Erwanti, Henny Prasetyani
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Blockchain Implementation Method for Interoperability between CBDCs
Central Bank Digital Currency (CBDC) is a digital currency issued by a central bank. Motivated by the financial crisis and prospect of a cashless society, countries are researching CBDC.
Hyunjun Jung, Dongwon Jeong
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Money and Central Bank Digital Currency [PDF]
Money is a financial instrument that fulfills the basic functions as a medium of exchange, unit of account, store of value, and standard of deferred payment. The function as a medium of exchange allows efficient transactions of goods and services among people without forming an inconvenient barter system.
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GOING DIGITAL RUPIAH: SOME CONSIDERATIONS FROM SOVEREIGNTY AND CYBERSECURITY PERSPECTIVES
Central banks worldwide are coming to terms with the bits and bytes of digital money, commonly referred to as Central Bank Digital Currency (CBDC). CBDC has been claimed to be safer, more secure, and inherently less volatile, unlike cryptocurrencies, as ...
Zahrashafa Mahardika +2 more
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