Blockchain Implementation Method for Interoperability between CBDCs
Future Internet, 2021 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
doaj +1 more source
GOING DIGITAL RUPIAH: SOME CONSIDERATIONS FROM SOVEREIGNTY AND CYBERSECURITY PERSPECTIVES
Journal of Central Banking Law and Institutions, 2023 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
doaj +1 more source
Introduction of central bank digital currency – necessary legislative amendments [PDF]
, 2023 orges Bank has been running a central bank digital currency project since 2016. The project is now in its fourth phase, and as part of this phase an overview will be provided of required legislative amendments linked to the introduction of CBDC.
Syrstad, Helge
core
Central Bank Digital Currency: Stability and Information
Journal of Economic Dynamics and Control, 2022 We study how the introduction of a central bank digital currency (CBDC) would affect the stability of the banking system. We present a model that captures a concern commonly raised in policy discussions: the option to hold CBDC can increase the incentive ...
Todd Keister, Cyril Monnet
semanticscholar +1 more source
The Historical Role of the European Shadow Banking System in the Development and Evolution of Our Monetary Institutions [PDF]
, 2013 When we hear about the 2008 Lehman Brothers crisis, immediately we relate it to the concept of "shadow banking system"; however, the credit intermediation involving lightly regulated entities and activities outside the traditional banking system are not ...
Lazcano, I. C.
core +1 more source
Central Banks Digital Currency - Opportunities and Innovation [PDF]
Ovidius University Annals: Economic Sciences Series, 2021 The issuance of a Central Bank Digital Currency (CBDC) is a very important step towards a fully digital economic environment and the consequences of such a direction are under debate by many policymakers around the world. There is a clear interest within
Andrei-Dragos Popescu
doaj
Cashless Societies and the Rise of the Independent Cryptocurrencies: How Governments Can Use Privacy Laws to Compete with Independent Cryptocurrencies [PDF]
, 2019 Many individuals (including governments) envision living in a future world where physical currency is a thing of the past. Many countries have made great strides in their efforts to go cashless.
Chavolla, Matla Garcia
core +2 more sources
New application of blockchain: digital currency model design in the context of Winter Olympics [PDF]
MATEC Web of Conferences, 2021 With the further expansion of blockchain application ecology, various applications and infrastructure around digital currency are constantly enriched and improved, and the whole market is booming along the healthy track.
Feng Zihuan, Liang Xun
doaj +1 more source
CENTRAL BANK DIGITAL CURRENCY EFFECTS ON FRACTIONAL RESERVE BANKING [PDF]
ეკონომიკური პროფილი, 2022 An aim of the paper is to explore the outlines of the looming monetary order. For these purposes, we have made a brief retrospective analysis of money genesis. In its inception market had selected gold as a medium of exchange and gold had become a social
Mirza Khidasheli
doaj +1 more source
Issues of emission and circulation of a digital ruble
Russian Journal of Economics and Law, 2021 Objective: to analyze the prerequisites for the issue of the digital ruble; to study the main features of the issue and circulation of the digital ruble; to clarify the consequences of the introduction of the digital ruble for the banking system and the ...
K. N. Korishchenko
doaj +1 more source