Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

YouTube

Digital Cash - What It Is & How It Works

GOTO Conferences via YouTube

Overview

Explore the world of digital cash and its various forms in this comprehensive conference talk from GOTO Amsterdam 2023. Delve into the differences between electronic payment methods, from bank cards to cryptocurrencies, and gain insights into the emerging field of Central Bank Digital Currencies (CBDCs). Learn about the basic functions of money, user expectations for digital payments, and the technical challenges in designing a digital currency platform. Examine the creation, distribution, and usage of digital cash, as well as the security requirements and potential for programmability in CBDCs. Gain a deeper understanding of how digital transactions work, the role of distributed ledger technology, and the future implications of digital currencies for the global financial system.

Syllabus

Intro
Who uses card payments the most?
Types of money
Basic functions of money
Can we combine all advantages?
CBDC: Central Bank Digital Currency
What do users want?
Creation, distribution, usage
Summary
Trilemma
Modeling digital cash after physical cash
Where is my money?
How does a transaction work?
Security requirements of digital payments
Will this run on DLT?
CBDC & programmability
Outro

Taught by

GOTO Conferences

Reviews

Start your review of Digital Cash - What It Is & How It Works

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.