Example: tourism industry
Retail Central Bank Digital Currency
Found 2 free book(s)Ready, steady, go? - Bank for International Settlements
www.bis.orgon central bank digital currency1 Most central banks are exploring central bank digital currencies (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages of CBDC engagement, progressing from conceptual research to practical experimentation.
BIS Working Papers
www.bis.org4 CBDCs: motives, economic implications, and the research frontier purpose) CBDCs would be a central bank liability, a form of “digital cash” accessible to all. 5 Graph 1 gives a schematic overview that compares retail CBDC with cash and a consumer’s bank deposits.