Feedback

X
The (Near) Future of Central Bank Digital Currencies

The (Near) Future of Central Bank Digital Currencies

0 Ungluers have Faved this Work
The value of global cashless payments has been radically increasing worldwide. Despite cash being the most used payment instrument in the world, technological innovation and new consumer preferences are decisively transforming the way consumers pay and manage money. The COVID-19 pandemic may also have been an accelerator of the cashless mega-trend. Private players currently dominate the digital payment ecosystem, urging central banks to seek solutions to ensure public access to legal tender if cash is phased out. In this context, the idea of a Central Bank Digital Currency (CBDC) is gaining momentum. Nevertheless, there is a need to better understand the implications in terms of risks, benefits and potential costs of CBDCs. From privacy concerns to macroeconomic effects, these implications blur the boundaries of the payment and financial systems, challenging the core functions of our economy and society.

This book is included in DOAB.

Why read this book? Have your say.

You must be logged in to comment.

Rights Information

Are you the author or publisher of this work? If so, you can claim it as yours by registering as an Unglue.it rights holder.

Downloads

This work has been downloaded 2 times via unglue.it ebook links.
  1. 2 - pdf (CC BY) at OAPEN Library.

Keywords

  • Bank
  • Bilotta
  • Central
  • Currencies
  • digital
  • economy
  • Education
  • future
  • Global
  • Opportunities
  • risks
  • Society
  • Society & Social Sciences

Links

DOI: 10.3726/b18087

Editions

edition cover

Share

Copy/paste this into your site: