Security Considerations for a Central Bank Digital Currency
Tarik R. Hansen, Katya Delak
Abstract
The concept of a central bank digital currency (CBDC) has gained traction in recent years, with an increasing number of central banks announcing efforts to explore CBDC use cases and designs. Institutions are in various stages of research and development, with some just beginning their research and others already entering pilot testing or even production, albeit on a limited scale.
Topics & Concepts
Digital currencyCurrencyCentral bankBusinessFinancial systemEconomicsMonetary economicsMonetary policyBlockchain Technology Applications and SecurityAdvanced Data Storage TechnologiesDistributed systems and fault tolerance