Digital Cash


Digital Cash
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Cash Use Across Countries And The Demand For Central Bank Digital Currency


Cash Use Across Countries And The Demand For Central Bank Digital Currency
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Author : Mr.Tanai Khiaonarong
language : en
Publisher: International Monetary Fund
Release Date : 2019-03-01

Cash Use Across Countries And The Demand For Central Bank Digital Currency written by Mr.Tanai Khiaonarong and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-01 with Business & Economics categories.


The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card—not better. Demand for digital currency will thus be weak in countries where cash use is already very low, due to a preference for cash substitutes (cards, electronic money, mobile phone payments). Where cash use is very high, demand should be stronger, due to a lack of cash substitutes. As the demand for CBDC is tied to the current level of cash use, we estimate the level and trend in cash use for 11 countries using four different measures. A tentative forecast of cash use is also made. After showing that declining cash use is largely associated with demographic change, we tie the level of cash use to the likely demand for CBDC in different countries. In this process, we suggest that one measure of cash use is more useful than the others. If cash is important for monetary policy, payment instrument competition, or as an alternative payment instrument in the event of operational problems with privately supplied payment methods, the introduction of CBDC may best be introduced before cash substitutes become so ubiquitous that the viability of CBDC could be in doubt.



Falling Use Of Cash And Demand For Retail Central Bank Digital Currency


Falling Use Of Cash And Demand For Retail Central Bank Digital Currency
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Author : Mr. Tanai Khiaonarong
language : en
Publisher: International Monetary Fund
Release Date : 2022-02-04

Falling Use Of Cash And Demand For Retail Central Bank Digital Currency written by Mr. Tanai Khiaonarong and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-04 with Business & Economics categories.


Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older adults it is the reverse. Revealed preference tied to a changing population age structure seems to be the main influence on the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall by more, if CBDC is issued. The extent of this reduction depends on the demand for retail CBDC and the incentives (primarily transaction fees) that can play a determining role in CBDC adoption and use.



Digital Cash


Digital Cash
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Author : Peter Wayner
language : en
Publisher: Academic Press
Release Date : 1997

Digital Cash written by Peter Wayner and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Banks and banking categories.


This second edition of the highly acclaimed "Digital Cash" is an updated and comprehensive guide to exchanging money over the Net. The changes in this new edition are based on the excellent user feedback received, and encompass dozens of new topics and expansion of chapters from the first edition. The enclosed DOS disk contains CGI scripts and demos of digital cash software.



Cashless


Cashless
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Author : Richard Turrin
language : en
Publisher:
Release Date : 2021-04-16

Cashless written by Richard Turrin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-16 with categories.


Cashless dives into the design and use of China's new central bank digital currency.



Digital Cash


Digital Cash
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Author : Finn Brunton
language : en
Publisher: Princeton University Press
Release Date : 2020-10-13

Digital Cash written by Finn Brunton and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-13 with Business & Economics categories.


The fascinating untold story of digital cash and its creators—from experiments in the 1970s to the mania over Bitcoin and other cryptocurrencies Bitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is only the best-known recent experiment in a long line of similar efforts going back to the 1970s. But the story behind cryptocurrencies like Bitcoin and its blockchain technology has largely been untold—until now. In Digital Cash, Finn Brunton reveals how technological utopians and political radicals created experimental money to bring about their visions of the future: to protect privacy, bring down governments, prepare for apocalypse, or launch a civilization of innovation and abundance that would make its creators immortal. Filled with marvelous characters, stories, and ideas, Digital Cash is an engaging and accessible account of the strange origins and remarkable technologies behind today's cryptocurrency explosion.



The Future Of Money


The Future Of Money
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Author : Eswar S. Prasad
language : en
Publisher: Harvard University Press
Release Date : 2021-09-28

The Future Of Money written by Eswar S. Prasad and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-28 with Business & Economics categories.


A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.



Presenting Digital Cash


Presenting Digital Cash
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Author : Seth Godin
language : en
Publisher: Sams
Release Date : 1995

Presenting Digital Cash written by Seth Godin and has been published by Sams this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business enterprises categories.


Packed with case studies from leading Fortune 1000 organizations who are using digital cash as part of their day-to-day operation, this book explains the virtues of electronic commerce between organizations. It covers the history of what brought about the need for digital cash and how that change will fundamentally change the way individuals buy goods on the Internet.



Exploring Central Bank Digital Currencies Concepts Frameworks Models And Challenges


Exploring Central Bank Digital Currencies Concepts Frameworks Models And Challenges
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Author : Kaur, Guneet
language : en
Publisher: IGI Global
Release Date : 2024-03-07

Exploring Central Bank Digital Currencies Concepts Frameworks Models And Challenges written by Kaur, Guneet and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-07 with Business & Economics categories.


In the ever-evolving landscape of global finance, the rise of Central Bank Digital Currencies (CBDCs) has introduced a myriad of challenges that demand immediate scholarly attention. The accelerating pace of digital transformation, coupled with the intricate dynamics of these novel currencies, poses significant hurdles in their widespread adoption. From privacy concerns to the technological complexities involved, the academic community finds itself at the forefront of deciphering the multifaceted challenges inherent in the CBDC landscape. Addressing this imperative need for comprehensive analysis is the groundbreaking publication, Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges. Within the pages of this compelling work, scholars will encounter a meticulous exploration of the intricate evolution of money, navigating from traditional barter systems to the digital era. The catalytic role of Bitcoin in reshaping the financial landscape serves as a cornerstone, laying the foundation for a profound understanding of the cryptocurrency fundamentals that underpin CBDCs. This book delves into the conceptual frameworks and technological models shaping CBDCs, aiming to illuminate the complex challenges faced by central banks, governments, and financial institutions in their pursuit of digital currency integration.



Digital Assets And The Law


Digital Assets And The Law
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Author : Filippo Zatti
language : en
Publisher: Taylor & Francis
Release Date : 2024-02-22

Digital Assets And The Law written by Filippo Zatti and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-22 with Business & Economics categories.


This book delves into the intricacies of digital assets. With the increasing reliance on crypto and the potential adoption of digital currencies by central banks, our monetary system is at a critical point. The importance of taking the next step has become even more stringent, as evidenced by this systematic scientific reconstruction. Divided into five concentric parts, the book starts with a historical, technical and financial introduction to digital assets. It then explores the changing role of central banking and monetary economics in the upcoming era. Finally, it focuses on the broad legal issues arising from the new digital landscape, not shying away from exploring forward-thinking solutions and policies for the future. With the contributions of prominent international experts in the field, this collection supplies a transdisciplinary analysis based on the belief that complex phenomena can only be handled by complex solutions. This groundbreaking work aims to be more than just an academic treatise; it is a must-read for students, scholars, financial professionals, and all those who want to understand the emerging digital currency reality that many have yet to fully recognise.



Digital Money


Digital Money
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Author : Daniel C. Lynch
language : en
Publisher:
Release Date : 1996-01-12

Digital Money written by Daniel C. Lynch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-12 with Computers categories.


Until now, commerce on the Internet has been shackled by the lack of secure transactions. This book offers an executive briefing on this vital topic. Exploring the technical underpinnings of what can and will be done on the Net, it explains the processes, issues and strategic considerations of a variety of approaches to secure transactions, including digital signatures. You'll learn about the pros and cons of each approach so you can decide which is best for your business.