This paper examines the role of central bank digital currency (CBDC) for poverty reduction and sustainable development. In the paper, I argue that a CBDC can eliminate poverty by increasing financial inclusion which gives poor people access to affordable credit and other basic financial services...

Blockchain, a distributed and democratically-sustained public register of the transactions of the digital currency "Bitcoin", proposed by Satoshi Nakamoto a pseudonym of a hided developer in 2009, has been the driver of a huge number of initiatives devoted to develop and implement a peer-to-peer...

We examine whether decentralization is sustainable in the Bitcoin system. The Bitcoin system is a decentralized system in that any participant can potentially verify and record transactions onto a public ledger. Using a game-theoretic model, we show that operating costs and financial constraints...

A multidimensional financial system could provide benefits for individuals, companies, and states. Instead of top-down control, which is destined to eventually fail in a hyperconnected world, a bottom-up creation of value can unleash creative potential and drive innovations. Multiple currency...

Regulatory and Legal Framework for Promoting Green Digital Finance -- Current State of Green Digital Financing and the Associated Challenges -- Assessing the Risks Associated with Green Digital Finance and Policies for Coping with Them -- Role of Governments in Enhancing Green Digital Finance...