Showing 61 - 70 of 58,120
Persistent link: https://www.econbiz.de/10013270311
Persistent link: https://www.econbiz.de/10012065020
Persistent link: https://www.econbiz.de/10011878233
The blockchain is a technology that goes beyond timestamping, bitcoin and secure financial transactions. The … public blockchains seem to indicate that the technology alone cannot guarantee trust. …
Persistent link: https://www.econbiz.de/10011794645
We develop a monetary model in which a private company issues digital currency and uses payment data to estimate consumers' preferences. Sellers purchase preference information to produce goods that better match consumers' preferences. A monopoly arises in the digital currency industry, and...
Persistent link: https://www.econbiz.de/10014468066
We develop a monetary model in which a private company issues digital currency and uses payment data to estimate consumers' preferences. Sellers purchase preference information to produce goods that better match consumers' preferences. Due to reinforcing interactions between the value of...
Persistent link: https://www.econbiz.de/10013229326
Fintech presents unique opportunities for central banks. The rapid changes in technology that are transforming the … of financial technology and innovation. In the past, the invention of the banknote, the processing of payments through …: distributed ledger technology, new data analytics (artificial intelligence [AI] and machine learning), and cloud computing, along …
Persistent link: https://www.econbiz.de/10012669100
Central bank digital currencies (CBDCs) could ease current frictions in cross-border payments - and particularly so if central banks factor an international dimension into CBDC design from the outset. Based on a survey of 50 central banks in the first quarter of 2021, this paper explores initial...
Persistent link: https://www.econbiz.de/10012592904
Persistent link: https://www.econbiz.de/10014632977
The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card-not better. Demand for digital currency will thus be weak...
Persistent link: https://www.econbiz.de/10012009449