Register: New technology solutions for central bank digital currencies
Wednesday 19 August, 13:30 London | 08:30 New York | 20:30 Singapore
Following technology breakthroughs by private cryptocurrencies, central banks are considering the use of distributed ledger technology and blockchain to develop their own digital currency. However, there remains much debate over the ideal technological infrastructure to operate CBDCs. Blockchain technology offers the benefits of operational resilience, transparency and tokenisation, among others. The extent of scalability, the balance between privacy and decentralisation, and interoperability opportunities warrant further exploration.
This discussion addresses how blockchain could benefit CBDC. It explores DLT design choices, the use of smart contracts or ‘programmable money’ to enable interoperability across blockchain networks within and across borders, as well as how DLT can interact with existing technologies or vendors.
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