Central Bank Digital Currencies (CBDCs) represent a third form of central bank money that mimics the features of bank notes but in a digital form, with the added benefit of built-in properties that can attest to transfer ownership without network connectivity.
With a shared goal of encouraging research and public discussion on the exploration of a United States CBDC, Accenture partnered with the Digital Dollar Foundation to form the Digital Dollar Project. More details can be found in our paper Exploring a US CBDC.
This past year, we hosted two Digital Dollar Live webinars that facilitated discussions among private and public sector thought leaders on what it will take to implement a digital dollar that works within the current banking systems, important technological innovations for policy makers to consider, and how to shape policy in Congress for the future of CBDCs. Watch these webinars to learn different perspectives about the future of money.