Many central banks are now investigating digital currencies to assess the impact they might have on traditional forms of money as well as their impact on the role of central banks as financial controllers of the economy. In this white paper, our experts focus on digital currencies issued by central banks, CBDCs, as well as the broader impacts of digital central bank money on the economy.
CBDCs are becoming a medium term reality. While many white papers have explored the benefits and/or have advocated for particular technical solutions to enable CBDCs, we look at a more cautionary set of questions related to the challenges for unbanked or digitally underserved members of the economy who still need access to central bank money.
Find out more about CGI in Banking and Financial Markets and Payments or hear more from our experts – Sean Devaney or Andy Schmidt.