{"id":"tp-12198","type":"article-newspaper","title":"Will digital currencies become the norm as the world moves towards a cashless society?","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12198","datePublished":"2024-07-04T00:28:14.000Z","dateModified":"2024-07-04T00:28:14.000Z","language":"en","abstract":"More than 90% of the world’s central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes.","section":"Business","references":[{"title":"central bank digital currency","url":"https://www.bis.org/publ/bppdf/bispap147.htm"},{"title":"smart contracts","url":"https://www.forbes.com/advisor/au/investing/cryptocurrency/smart-contracts-explained/"},{"title":"exchange settlement","url":"https://www.rba.gov.au/education/resources/explainers/how-rba-implements-monetary-policy.html"},{"title":"e-CNY","url":"https://www.bis.org/publ/bppdf/bispap123_e.pdf"},{"title":"digital pound","url":"https://www.bankofengland.co.uk/the-digital-pound"},{"title":"Britcoin","url":"https://www.theguardian.com/business/2023/feb/06/britcoin-digital-currency-could-be-in-use-by-end-of-decade"},{"title":"few years","url":"https://assets.publishing.service.gov.uk/media/6478bd0cb32b9e0012a9609a/CBDC_WEB_PDF_-_1_JUNE_2023_4.20pm.pdf"},{"title":"remittances","url":"https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Remittances"},{"title":"Koshiro K/Shutterstock","url":"https://www.shutterstock.com/image-photo/kumamoto-japan-jan-20-2022-closeup-2119859861"},{"title":"Vending machines","url":"https://www.techtarget.com/searchcio/feature/Examples-of-smart-contracts-on-blockchain"},{"title":"NFTs","url":"https://theconversation.com/are-nfts-really-dead-and-buried-all-signs-point-to-yes-214145"},{"title":"stablecoins","url":"https://www.rba.gov.au/publications/bulletin/2022/dec/stablecoins-market-developments-risks-and-regulation.html"},{"title":"abandoned its stablecoin project","url":"https://www.afr.com/companies/financial-services/nab-kills-its-stablecoin-bankers-decamp-to-form-ubiquity-20240614-p5jlv3"},{"title":"Libra/Diem stablecoin project","url":"https://www.ft.com/content/a88fb591-72d5-4b6b-bb5d-223adfb893f3"},{"title":"trustworthy basis for smart contracts","url":"https://www.bis.org/publ/arpdf/ar2023e3.htm"},{"title":"put it","url":"https://www.bis.org/speeches/sp220621.htm"},{"title":"said in 2021","url":"https://www.rba.gov.au/speeches/2021/sp-gov-2021-12-09.html"},{"title":"have a bank account","url":"https://databank.worldbank.org/source/global-financial-inclusion"},{"title":"assistant governor","url":"https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-16.pdf"},{"title":"possible uses","url":"https://dfcrc.com.au/cbdc/"},{"title":"releasing a paper soon","url":"https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}