Patrick Breyer @echo_pbreyer NOW live, via Internet link at the University of Applied Sciences Berner Fachhochschule (#BFH) in #Biel / #Bienne (i.e., #Nemo's city):

👩‍💻 https://www.youtube.com/live/JaJ-Msb8Dig 🐈‍⬛

He's talking about the importance of preserving #cash money and, additionally, using sound #ecash systems to go digital, too (like by using the @Taler system).

#Autonomy #CBDC #rCBDC #Freedom #FinancialAutonomy #Taler #Privacy #PrivacyByDefault #Security

Privacy, Identity and Payment in the Next Generation Internet @BFH: Innovation Tour Point Zero Forum

YouTube

Cyrus Minwalla, John Miedema, Sebastian Hernandez, Alexandra Sutton-Lalani, A central bank digital currency for offline payments, Bank of Canada Staff Analytical Note 2023-2, February 2023

— Available here: https://www.bankofcanada.ca/2023/02/staff-analytical-note-2023-2/

#CBDC #digitalcurrency #rCBDC #OfflineCBDC #fintech #banking #financialservices #payments #offlinepayments #paymentsystems #riskmanagement #operationalrisk #operationalresilience #cyberrisk #compliance #financialinclusion #financialinnovation #BankofCanada #Canada

A central bank digital currency for offline payments

Offline functionality is a key consideration for a potential CBDC. We describe the different types of offline functionality based on their duration outside of network connection—either intermittent (for short periods) or extended (for longer periods). We discuss the advantages and drawbacks of each and consider implications for end-user devices, system resilience and universal accessibility.