Insights on CBDC, Digital Fiat Currency, Standardization and More

Central banks need to identify the technology to be used for issuing DFC from the user and operational aspects.

Last month ushered in an important step toward global recognition for the need to study and standardize the technical components of DFC.

Digital Fiat Currency presents a future for payments system innovation, post–crisis monetary policy implementation, and regulation of ...

The block chain technology in the system stability, application security, business model, etc. is not yet mature.

There should be no change to ISO 4217 to accommodate an approved Digital Fiat Currency.

Transitioning to a legally issued digital currency will enhance the suite of financial inclusion tools already in place.