Essays about: "Central Bank Digital Currencies"

Showing result 1 - 5 of 9 essays containing the words Central Bank Digital Currencies.

  1. 1. Performance of Digital Currency and Improvements : An analysis of current implementations and the future of digital currency

    University essay from KTH/Skolan för elektroteknik och datavetenskap (EECS)

    Author : Tobias Johannesson; [2022]
    Keywords : Currency; Bitcoin; Ethereum; Tether; Central Bank Digital Currency; Cryptocurrency; Digital Currency; Efficiency; Scalability; Usability; Security; Stability; Improvements; Valuta; Bitcoin; Ethereum; Tether; Centralbanks digital valuta; Kryptovaluta; Digital valuta; Effektivitet; Skalbarhet; Användbarhet; Säkerhet; Stabilitet; Förbättringar;

    Abstract : Currency has changed a lot, and the introduction of the Internet sped up the evolution of the currency. Digital currency introduced many benefits compared to physical currencies. Ideas such as cryptocurrencies work as an option for other means of payment. READ MORE

  2. 2. The Role of Digital Identity in Building Central Bank Digital Currencies and the Direction this Development is Going

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ieva Bruzaite; [2022]
    Keywords : CBDC; Central Bank Digital Currency; Digital Identity; Digital ID; Account-based CBDC;

    Abstract : Recent years have witnessed an influx of private digital currencies. The ease of creation of private cryptocurrencies has raised concerns about the stability of the entire financial system. READ MORE

  3. 3. Stablecoins: the possibility of a cryptocurrency becoming the future means of payment

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Emelie Zhao; Oskar Ringström; [2022]
    Keywords : Cryptocurrencies; Stablecoins; Private money; Central Bank Digital Currencies; Payment systems; Kryptovalutor; Stablecoins; Privata pengar; Centralbanksvalutor; Betalsystem;

    Abstract : The emergence of stablecoins and their current implementations share many similarities to the American free banking era. This was an era with economically inefficient money and payment systems, where banks issued private money that were fully redeemable in theory but not always in practice. READ MORE

  4. 4. Electricity Consumption of a Distributed Consensus Algorithm

    University essay from Lunds universitet/Institutionen för elektro- och informationsteknik

    Author : Wilhelm Wanecek; [2021]
    Keywords : Energy efficiency; Payment systems; Stellar; Consensus algorithm; Digital currencies; Technology and Engineering;

    Abstract : The colossal electricity consumption of proof-of-work cryptocurrencies such as Bitcoin and Ethereum has caused critical examination of how consensus in blockchain-solutions is designed. Stellar is a decentralized, open-membership payment network built on blockchain technology, with the goal of enabling money to flow between banks, businesses and people across the global financial infrastructure, while minimizing latency and transaction fees. READ MORE

  5. 5. Central Bank Digital Currencies: Towards a Chinese Approach : Design Choices of Digital Currency Electronic Payment

    University essay from Jönköping University/IHH, Företagsekonomi

    Author : Ye Shi; Shucheng Zhou; [2020]
    Keywords : Central Bank Digital Currency CBDC ; Digital Currency Electronic Payment DCEP ; Distributed Ledger Technology DLT ; Mechanism Design Choice; Demand;

    Abstract : Inspired by the digital revolution to the financial industry, the discussion around central bank digital currency also attract attention from academics and central banks. The People’s Bank of China (PBOC) is also researching on China’s CBDC: digital currency electronic payment (DCEP) and announced that DCEP would be issued as soon as possible. READ MORE