SODA: Offline Digital Currency Technical Considerations

In this article, John Kiff provides a view of how offline digital currencies work based on publicly-available information provided in academic papers and vendor white papers.

Digital Pound Foundation: Advocating for a Well-Designed Digital Pound

The Digital Pound Foundation (DPF) is a non-profit organisation that advocates for a well-designed digital pound, enabling both public and private sectors to fully engage in the design, development, and adoption of a digital Pound, thus contributing to…

Why CBDC is also a Commercial Bank Digital Currency

While the first two words of CBDC relate to central banks, they are not the sole stakeholders of the technology. But where do commercial banks and other financial institutions fit into this disruptive transformation, what will their role look like, and…

Cryptobanknotes: Blockchain-Based Cash for Cryptocurrencies, Stablecoins and CBDCs

Cryptobanknotes are the first generation of hybrid banknotes produced using banknote printing technologies and blockchain technology. They will have their own e-wallet and interact with it using software, thanks to machine-readable codes printed on the…

Pinaka Consulting: Reflecting on the Eastern Caribbean Central Bank’s CBDC Journey - A Consultant’s Perspective

Pinaka Consulting served the Eastern Caribbean Central Bank (ECCB) on its CBDC project, providing programme management and technical oversight in the design, development, implementation, and operationalisation of the DCash product. With the DCash pilot…

ProgressSoft: Offline Use in Central Bank Digital Currencies - Between a Rock and a Hard Place

Offline use may be a critical differentiating factor in the value proposition of a CBDC for end users, compared with its commercial bank card and electronic counterparts. Because consumers understandably do not appreciate the difference between commercial…

FIS: Advancing CBDC Network Interoperability and Integration

APIs can significantly accelerate the pace of product and infrastructure development, as well as the integration of various payment systems. The FIS CBDC & Digital Currencies Connected Ecosystem™ can also accelerate delivery of the prototypes, allowing…

The Big Differences Between CBDC and Mobile Money

When considering CBDC versus mobile money, the similarities between the two technologies outweigh their differences. Yet, CBDC is said to be different from any other type of payment instrument including mobile money, card payments, or electronic funds…

AMF: A Practical Guide on CBDC for Arab Central Banks

The main drivers that motivate Arab central banks and monetary authorities to engage in a CBDC project reflect initially the importance of promoting a cashless economy and fostering financial inclusion. The first four drivers are: (i) to move to a cashless…

Digital Frontiers: Capacity Building for the Central Bank Digital Currency Journey in Emerging Market and Developing Economies

This year, the Digital Frontiers Institute convened the first CBDC Workshop focusing on emerging market and developing economies. The workshop aimed to: Firm up the understanding of the definition of CBDCs; Increase understanding that the CBDC “pathway”…