Digital Transformation and the Economics of Banking Economic, Institutional, and Social Dimensions

Rybski, Robert Digital Transformation and the Economics of Banking Economic, Institutional, and Social Dimensions. Routledge. ISBN 978-1-003-34045-4

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Abstract

Currently, over 100 central banks research or develop their own central bank digital currency (further CBDC) (Stanley, 2022). Four projects have already moved into production: DCash in March 2019 (issued by the Eastern Caribbean Central Bank), the Bahamian Sand Dollar in October 2020 (Central Bank of Bahamas), the eNaira in Nigeria in October 2021 (Central Bank of Bahamas) and Jam-Dex in August 2021 (Bank of Jamaica). One major central bank – The People’s Bank of China – currently undertakes an advanced pilot project of CBDC (Bansal & Singh, 2021). Considering this overall development, introducing CBDC by at least one major central bank in the coming years seems unavoidable. This would form a tipping point for the massive spread of CBDC implementations. From that moment, CBDC would stop occupying a niche and would rather enter the mainstream of the banking sector

Item Type: Book
Subjects: Library Of Science
Divisions: Library
Depositing User: muhamad syafrielawijaya
Date Deposited: 09 Nov 2023 02:39
Last Modified: 09 Nov 2023 02:39
URI: http://eprints.itn.ac.id/id/eprint/13753

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