Decentralised, private, cash-like: researchers propose CBDC designs
Canadian universities outline several options for a central bank digital currency
Three research teams at Canadian universities have reported back to the Bank of Canada on projects to develop a theoretical central bank digital currency framework.
Several common themes emerge from the work. All three projects propose a form of money that bears a resemblance to cash in digital form, all include privacy-preserving features, and – in a break from the emerging consensus among central banks – all are partly or fully decentralised.
The Bank of Canada engaged the researchers, from
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