CBDC Made Simple #2 - Use Cases

CBDC Made Simple #2 - Use Cases

  • Financial inclusion – easy to use, everybody has mobile device
  • Simplicity of payment – cool Android and iOS application for mobile devices, support for desktop OSs and IoT devices, improved customer experience
  • Advantage of electronic use – fast, real-time, automatic, clean
  • Cyber-resilient – the blockchain offers redundancy, backup of eWallet instead no option of backup for physical cash
  • Lower fees – no need for transport, usage of additional services
  • Interoperability of different CBDC networks – electronic communication, facilitated possibilities for automatic exchange of currencies
  • Offline use in cases without network communication
  • Reconciliation is processed automatically

要查看或添加评论,请登录

Zoran Georgiev的更多文章

  • CBDC Made Simple #3 - Possible Impact

    CBDC Made Simple #3 - Possible Impact

    Intermediating parties should not lose their role – banks should continue to distribute the cash Potential for…

  • CBDC Made Simple #2.1 - More Use Cases

    CBDC Made Simple #2.1 - More Use Cases

    CBDC could support creation of smart contracts – conditioned settlement of cash-leg for provision of goods & services…

  • Smart Contracts on a Blockchain

    Smart Contracts on a Blockchain

    Smart contracts are programs built on a blockchain which eliminate the need of intermediary parties and enable…

  • CBDC Made Simple - Need of CBDC?

    CBDC Made Simple - Need of CBDC?

    ● Central bank digital currency (CBDC) = digital banknote / coin ● Providing cash to the public is a core function &…

  • Respect to the (inter)national standards is reflection of one culture

    Respect to the (inter)national standards is reflection of one culture

    Decimal mark is defined as a symbol used to separate the integer part from the fractional part of a decimal number…

  • Payment cards - instrument and/or medium?

    Payment cards - instrument and/or medium?

    Usage of the payment cards in everyday life is getting higher and higher from day to day. It's obvious that card…

社区洞察

其他会员也浏览了