08 February 2021 08:40, UTC

Anna Martynova

Analytical company MINDSMITH launched the first open source library of materials on central bank digital currency (CBDC). At the moment, the library contains over 70 studies, including reports from international regulators, as well as central banks from around the world. The library will help business and researchers understand the topic of CBDC.

Interest in the subject of central bank digital currency has skyrocketed since 2014. According to the MINDSMITH study conducted in January 2021, 74% of the world’s central banks are interested in blockchain technology, and the topic of digital currencies has become one of the most popular.

Central banks around the world conduct both scientific and political research and technical experiments. The Central Bank of Russia is actively exploring the possibilities of digital currencies. CBDC, being both a young and deeply rooted concept of the international financial system, can stimulate a new leap in technological and financial development of either national payment systems or the economy of many countries in general.

Image: Mindsmith

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