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Central bank digital currencies

Central bank digital currencies

October 2018

This report, a collaboration between IBM Blockchain World Wire and OMFIF, explains the purpose of wholesale central bank digital currencies, as well as the motivations and business case for central banks to adopt wholesale CBDCs. It also outlines key characteristics of such a system, including who the developer and issuer should be; the technology options and requirements for a successful payments system; the practicality and regulatory challenges; and the possible risks and policy implications.

Click to download the report.