Central bank digital currencies could solve Pacific banking problems (Ross Buckley, Anton Didenko, East Asia Forum)

Central bank digital currencies (CBDCs) are widely considered the next stage in monetary evolution, having the potential to overcome long-standing challenges within the global currency and payments system. Our recent article explores the range of benefits they can offer, from ensuring that public money remains a dominant unit of account as private currencies emerge in increasing numbers to fostering financial inclusion of the unbanked and underbanked in our communities. More rigorous evaluation of their viability and fitness for purpose in countries with undeveloped digital and financial infrastructure needs to be undertaken.

Central bank digital currencies could solve Pacific banking problems (eastasiaforum.org)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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