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Security of a CBDC

Cyrus Minwalla

No 2020-11, Staff Analytical Notes from Bank of Canada

Abstract: Security is an important element in ensuring public confidence in a central bank digital currency (CBDC). This note highlights the required security properties of a CBDC system and the challenges encountered with existing solutions, should the Bank of Canada choose to issue one.

Keywords: Central bank research; Digital currencies and fintech (search for similar items in EconPapers)
JEL-codes: E4 E42 E5 E51 O3 O31 (search for similar items in EconPapers)
Date: 2020-06
New Economics Papers: this item is included in nep-mac, nep-mon and nep-pay
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