Email Twitter icon A stylized a personalized feed while you're tweeting. Facebook Email icon An envelope. Cryptocurrencies have entered the consciousness of central banks and their in market value - have course of the last couple of years.
This is interesting research and we will be providing further information on it in due course. However, as I just noted, it may be possible to design a CBDC system so that it could be used in an offline mode, which would be useful in remote locations and offer resilience benefits when power and telecommunications networks were down. The technology behind CBCCs could allow central banks to provide a digital cash substitute with anonymity properties similar to those of cash. As in many other industries, regulation may be an alternative to public sector provision of goods or services to deal with competition or resilience or accessibility concerns in payments.
