...by Daniel Szego
quote
"Simplicity is the ultimate sophistication."
Leonardo da Vinci

Monday, November 6, 2017

CBDC (Central Bank Digital Currency) is on the rise


Surprisingly, CBDC (Central Bank Digital Currency) is being taken very seriously by Central Banks. Even if we are probably pretty far from the first working models and they will be probably pretty far from the original concept of decentralized cryptocurrencies, the model is pretty intensively studied. 

It is actually funny that in a conference overwhelmed by people from Central Banks, the usage of words and concepts are a little bit different: 
- Instead of Blockchain, Distributed Ledger Technologies
- Instead of Cryptocurrency, Digital Currency.
- The Satoshi Nakamoto is certainly forbidden. 
...