Smart Digital Money

01/06/2022

If we’re to create a new form of money, it must be accessible and protect privacy.

01/06/2022

It’s fun to watch young children learn to handle cash by buying an ice cream and giving us back the change.

Lines of cryptographic code, running on a distributed ledger technology such as the Ethereum blockchain, will calculate the right payment amount, and come embedded with conditions for a transfer of value from one party to another. The money itself will contain these capabilities, and we dont need to...

01/06/2022

FinTech comes of age

The growth of the digital economy and the rise of e-commerce has accelerated a shift to virtual payments.

29/05/2022

From the efficient implementation of helicopter drops to machine-to-machine payments, we look at how programmable payments within central bank digital currencies can revolutionize the transfer of money and help make our world more efficient

As central banks get closer to issuing digital currency, there is still much to consider to ensure its viability

29/05/2022

Over 97% of the money in circulation today is from checking deposits – dollars deposited online and converted into a string of digital code by a commercial bank.

Currency is already digital, and has been for years. But the basic model of banking is largely unchanged. This is because the system is based on the notion that digital currency issued by commercial banks is convertible into paper cash, which is a central bank liability. This paper explores what wou...

29/05/2022

Functionalities of CBDC

We will highlight the main features of CBDC digital money and how they can be implemented with Daml smart contracts + examples of the actual Daml code.

28/05/2022

Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using a central bank digital currency (or CBDC) like Sweden’s eKrona, and others preferring a private stablecoin like USDC.

Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using a central bank digital currency (or CBDC) like Sweden’s eKrona, and others preferring a private stablecoin like USDC. How about sending $500 in USDC to a friend in London, an...

28/05/2022

History moves in uneven steps. Just as the telegraph erased time and distance in the 19th century, today’s innovations in digital money may bring significant changes in the way we lead our lives.

By Tobias Adrian and Tommaso Mancini-Griffoli History moves in uneven steps. Just as the telegraph erased time and distance in the 19th century, today’s innovations in digital money may bring significant changes in the way we lead our lives. The shift to electronic payments and social interactions...

28/05/2022

When highlighting insights and coming to certain conclusions as I did with our latest mobile money study, as a researcher, it’s easy to start to reflect on personal experiences from the topic at hand, and if so, to compare them to see if there are any similarities.

Do you still use cash? writes on his experience of cash & reveals ConsumerLab research on mobile money in Africa.

26/05/2022

The digital currency specialists at Selachii are at the forefront of Smart Contracts, with plans to launch digitalised legal agreements using blockchain technology in 2016.

Selachii is widely recognised as highly experienced in Bitcoin and blockchain environments. Find out more from the Digital Currency Specialists at Selachii LLP.

26/05/2022

Programmable currency is slowly but surely gaining momentum as countries, social media platforms, and now central banks explore ways to digitally mirror cash money in an increasingly tokenized economy.

Programmable money promises a frictionless payment future In one scenario, central banks can program digital currency with logic so it can be spent only for a designated purpose.

26/05/2022

Programmable money can be designed to flow as easily as email without sacrificing regulatory controls, monetary policy or personal privacy.

Programmable money can be designed to flow as easily as email without sacrificing regulatory controls, monetary policy or personal privacy. – IBM 2018 If the US dollar is to remain the world’…