CBDC Tech 

CBDC technology considerations

Given the rapid pace of technological experimentation and development, and the multitude of variables at play, it can be challenging to assess the best technology choices for a new central bank digital currency (CBDC). This white paper is intended to guide central banks and other decision-makers through major technology considerations for CBDC.

It is divided into three parts: 1) discussion of CBDC technical design considerations given various policy goals, 2) an evaluation of the pros and cons, or trade-offs, of the use of distributed ledger technology in CBDC infrastructure, and 3) an overview of important cybersecurity risks and considerations for any CBDC.