Corpus ID: 158600162

Central bank digital currency

  title={Central bank digital currency},
  author={Aleksi Grym and P{\"a}ivi M. Heikkinen and Karlo Kauko and Kari Takala},
Central banks have traditionally issued cash to the general public. With digitalisation, banknotes are becoming a technically outdated payment instrument, and some central banks have explored the possibility of central bank-issued electronic money applicable to retail payments. Electronic central bank money would offer the public the possibility to hold central bank money in a potentially cashless future. In its present form, blockchain technology would probably not be a suitable solution… Expand
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