xxx
In a speech, Banque de France first deputy governor Denis Beau says that his organisation is "quite open for experiments" with the ECB on a wholesale CBDC.
Why
Speaking about the inefficiencies that still bedevil cross-border payments, Beau says: "The tokenisation of financial assets combined with the recourse to blockchain-based solutions and more broadly distributed ledger technologies to store and transfer those assets could help answering market’s demands."
The tokenisation of financial assets is, of course, a much broader topic than CBDC and (as I have said for some time) and inevitable trend. In my mental model of the world, I look from that perspective. So we use the cryptocurrency platform to trade tokens, and one form of these tokens (homomorphic to, but necessarily built from, ERC-720) is digital currency and one option for implementing digital currency is CBDC.
Comments
Post a Comment