HTTPS: // news.cnblogs.com/n/646001/ DCEP China's central bank may be the first release of the central bank monetary digital DCEP is non-distributed billing system may be based UTXO center accounting.
[TechWeb] November 1, according to foreign media reports, IBM and the International Monetary financial institutions (OMFIF) jointly released the latest survey report shows that the central bank's first digital currency (CBDC) is expected to issue within the next five years.
The report shows that many central banks around the world decision-makers are seriously considering the development and issuance of central bank digital currency (CBDC), there may be consumer-oriented CBDC launched within the next five years, while consumer-oriented CBDC may require some form of public-private Cooperation.
IBM and OMFIF also concluded According to the survey, the first CBDC is expected to be from a small economies generate over the next five years, and with a clear purpose in response to a specific policy objectives.
The survey was conducted in the period July 2019 to September, which lasted three months, the survey involving 13 central bankers in advanced economies and 10 emerging markets.
Survey shows that 73 percent of respondents expressed support for the CBDC. They believe that, in any case, should be provided at all retail CBDC payment types currently in use cash. They admit, in some cases, CBDC will be a good substitute for cash.
However, more than half of respondents said they are very worried about this Libra like digital currency could seriously damage monetary sovereignty.
In addition, 82% of respondents said that in the CBDC implementation process, financial stability issues they are most worried about is the digital bank "runs" the risk.
In early October, the Federal Reserve Bank of Philadelphia President Patrick Harker (Patrick Harker) also claimed that the central bank issued digital currency is "inevitable". (Little Fox)