We are had a major event in Aug 31 on Central Bank Digital currency -CBDC. CBDC as a digital representation of a sovereign currency issued by and as a liability of a jurisdiction’s central bank or other monetary authority. View videos here.
Central Bank Digital Currency (CBDC) has emerged as one of the most compelling blockchain use cases for the banking industry. According to the Bank of International Settlements, over 70% of central banks are actively exploring digital currency, and in light of declining cash use, emerging forms of privately-issued money, and the COVID-19 pandemic, many believe the shift toward digital payments for central banks is increasingly imminent as a solution to improve financial access.
In the panel talk we will explore :-
- Possible design considerations of CBDC
- Timelines for launch of CBDC
- Privacy & data protection
- Impact on third party payment processing and retail banks
- Risks of using CBDC
We will have a panel discussion with the following esteemed guests:-
Gerard Dache - is the President of Government Blockchain Association which he started in 2016 and has over 50 chapters around the world, sits in boards of many start ups. He also runs famous podcast - The Future of Money, Governance and the Law and is passionate about implementing voting in blockchain and DAOs governing organisations.
Vipin Bharathan is the founder of dlt.nyc and is the chair of the Identity Working Group in Hyperledger . A frequent contributor to Forbes magazine, he has also helped create a project in Hyperledger labs to explore standards of CBDC on ethereum called eThaler. Being the only coder on our panel. we will discuss more about possible architecture of CBDC with him.
Sonja Davidovic is an economist in the Offices of the Managing Director and a Digital Expert in the IT Department of International Monetary Fund, IMF where she has been for past 11 years. As Digital Expert, she is working on central bank digital currency implementation considerations. She is one of the co authors of paper "A Survey of Research on Retail Central Bank Digital Currency". She is also founding Advisory Board members of the IMF Innovation Lab.
Alex Tapscott along with the famous Don Tapscott co-founded the Blockchain Research Institute (BRI), a global think-tank investigating blockchain strategies, opportunities and use-cases. Alex is the co author of best selling books - Blockchain Revolution and Financial Services Revolution. Alex has extensive governance experience and is an advisor to the International Monetary Fund, Elections Canada and the World Economic Forum.
Gabriel Abed is the CEO of Bitt, cofounded in 2014, whose current clients include the Central Banks of Barbados and the Eastern Caribbean Central Bank. Currently, Bitt is known for its application of
mMoney, which is championed by Barbados' Prime Minister Mia Amor
Mottley and has seen widespread adoption across services in Barbados including large merchants such as The Sol group, ICBL (Insurance
Corporation of Barbados Limited) and other 500+ merchants.
Ksenija Cipek, Dame of Honour is an International tax expert, lawmaker, projects leader, author, books writer, lecturer at University of Law. She is the Director / Head of Tax Risk Analysis with Ministry of Finance, Croatia and responsible for developments of CRMS and Tax Legislation potential risk areas on national level, studies and analysis of implementation new technologies, Creating and applying predictive analysis including impact of Tax Legislation, Creating new legislative framework focusing on improving compliance.
About GBA UAE
The Government Blockchain Association is an international non-profit, membership association that connects government and public sector organizations around the world to understand and implement blockchain technologies.