Establishing CBDCs as digital public infrastructure

The digitalisation of our lives will drive technological advancement, competitiveness and higher standards of living. Public infrastructure must adapt to this transformation and digital payments will be a pivotal aspect of this.

OMFIF’s Digital Monetary Institute and Giesecke+Devrient are convening a private roundtable to explore the importance of a sustainable digital public infrastructure and how central bank digital currencies can support economic empowerment, inclusion and resilience. The discussion will also examine CBDCs as a component of a DPI and how this consideration may influence its design criteria.

Phil Mnisi, governor of the Central Bank of Eswatini, will share insights from the Digital Lilangeni pilot project, ranging from CBDC design criteria to pilot use cases and private-public collaboration. He will provide insights into the value a DPI can create, from both an economic and societal perspective, and how CBDCs can benefit entire populations.

This in-person roundtable allows for informal exchanges and a better appreciation of participants’ viewpoints. The roundtable is off the record, held under the Chatham House rule and is for representatives primarily from central banks and multilateral organisations.