2020-07-29
- Vipin Bharathan
- Tomaz Sedej
- Junji Katto
Main event
Bank of England Head of Future Technology, William Lovell presents on CBDC, retail and wholesale, in light of the BoE's efforts, including their latest paper on CBDC. We will have a Q&A after the presentation.
- Conversations may include
Is there a relationship between wholesale and retail CBDC? Does one come before the other?
How does future relate to the past and present in technology & banking?
What is the infrastructure of CBDC?
What is the role of Standards?
How does RTGS renewal affect CBDC?
Attendees(20)
Jagdish Babu
Berrada Karim Vincent
Kirthi K
Junji Katto (Itaú)
Paulo Rodrigues (Public Mint)
Eugenio Reggianini (Konosko)
@kamlesh Nagware(Snapper)
Recordings
Chat
Listen to the recording for answers
From jimmason : question > any 3rd party rule changes in this new model for how they use BOE CBDC for their clients?
From Eugenio Reggianini : I have a question for William, I am focusing on standards. I think that one of the main point is how business global standards like iso20022 could interact with other more technical initiatives like iso/tc 307. what’s your opinion about?
From Junji Katto : how the CBDC initiative is accelerated by the open banking that is in place in Europe? on the other hand how GDPR may add complexity to privacy on CBDC?
From Mohan Venkataraman : What concepts can we borrow from the success of the Bitcoin project and network.
From Paulo Rodrigues I’d like to ask a question regarding common points between Wholesale and retail.
From Deb DasBidhar : Hi William, I had got a chance to attend the CBDT discussion paper webinar in April. I believe, whether CBDT will be built on Distributed Ledger Technology (DLT) or traditional/centralized model was still undecided. Is there a direction that has been finalized yet ?
From Kirthi Gogulamudi : What are some unique challenges in Retail and institutional CBCD’s
Notes
Paulo Rodrigues's notes: According to William, although wCBDC might lack of market demand, it might occur before rCBDC because of similarities with current RTGS systems, easier regulatory framework changes and market forces from other competing geographies.
On the rCBDC side, the agenda depends on the rise of demand.
Vipin: It might be useful to have these repeat periodically as we advance.