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Privacy Beyond Possession: Solving The Access Conundrum In Digital Dollars, Nerenda N. Atako
Privacy Beyond Possession: Solving The Access Conundrum In Digital Dollars, Nerenda N. Atako
Vanderbilt Journal of Entertainment & Technology Law
The advent of a retail central bank digital currency (CBDC) could reshape the US payments system. A retail CBDC would be a digital representation of the US dollar in the form of an account or token that is widely accessible to the general public. It would be a third form of US fiat money that is created and issued by the Federal Reserve and complementary to physical cash. CBDC proposals have suggested a myriad of retail CBDC design models with an overwhelming interest in a retail CBDC that either implements a centralized ledger system or some form of a distributed …