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BIS Working Papers
BIS Working Papers No 880 Rise of the central bank digital currencies: drivers, approaches and technologies by Raphael Auer, Giulio Cornelli and Jon Frost Monetary and Economic Department August 2020 JEL classification: E58, G21. Keywords: central bank digital currency, CBDC, central banking, digital currency, digital money, distributed ledger technology, blockchain. BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published by the Bank.
research and development . Section 3 effortsconductsempirical analysis on the drivers of CBDC projects . Section 4 discusses policy approaches and technical design . It gives a stocktake of four attributes of CBDC projects and relates these to economic indicators. Section 5 discusses the three selected projects. Section 6 concludes with
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