List of Important Resources on Central Bank Digital Currency (CBDC)
Blockchain has the potential to change the whole monetary and financial industry. But it would take a long way to go, as currently, the money issuance power is in hands of central banks, being one of the key powers. The compromised way of welcoming the blockchain adoption in the monetary and financial industry is the central bank issued stablecoin - CDBC.
For CDBC, the money issuance power is still controlled by the central bank. But it uses a new form of currency - cryptocurrency. It also needs a new blockchain system for money movement. The combination of a new blockchain-based financial system and traditional financial systems would be a reality.
To better understand what is blockchain, we list important CDBC research papers and documents.
(3) European Central Bank, Tiered CBDC and the financial system
(4) European Central Bank, Exploring anonymity in central bank digital currencies
(6) WEF, Central Banks and Distributed Ledger Technology: How are Central Banks Exploring Blockchain Today?
(7) The Brookings Institution, The current landscape of central bank digital currencies
(12) Federal Reserve, The Digitalization of Payments and Currency: Some Issues for Consideration
(14) Bank for International Settlements, Central bank digital currencies