Central Bank Digital Currencies (CBDCs) will likely take one of two forms. CBDCs will either be ‘Wholesale’, in which case they would be an evolution of current central bank settlement facilities. Or, they will be in the form of a ‘Retail’ CBDC, which would be available to retail customers.
Key learning objectives:
Understand the potential of blockchain in the context of a wholesale CBDC
Explore the two types of CBDCs that are being considered
Assess the differences between a retail/general purpose CBDC and a wholesale CBDC