Digital money and finance benefits depend on widely accepted standards

Tuesday 15 March 2022 – Vol.13 Ed.11.2

Commentary: CBDC standards needed for wide-spread adoption

By Koji Fusa in Oxford

Clarity on central bank digital currency technical standards is gradually emerging and consensus is building. But there are some important preconditions in policy-maker reasoning that should be met if thinking around CBDC is to evolve. Work is also required to ensure that, as new systems are developed, they are designed from the start to be interoperable. ISO/IEC 24643,...

https://allaboutshipping.co.uk/2022/03/15/digital-money-and-finance-benefits-depend-on-widely-accepted-standards/

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