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DLT-Based Central Bank Digital Currency Key Concepts

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Information Systems and Technologies (WorldCIST 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 802))

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Abstract

CBDC could be a decentralized application (Dapp) if it is based on decentralized ledger technology (DLT), such as blockchain, but it is not yet standardized with a common language. Central banks, other supervisory agencies, international policymakers, industry, technology providers, and software developers use different terminology to describe CBDC, instigating ambiguities and mistakes in the CBDC understanding. This research aims to survey the key concepts by which CDBC operates and analyze the relationships between key concepts. The key concepts of CBDC design could be a blueprint and a research tool to promote dialog between scientific communities and practitioners, simplify the collaboration between researchers and policymakers, namely central banks and other regulators, industry, and software developers in CBDC Design and, improve the secure implementation of the CBDCs with a schematic representation of the actual knowledge of CBDC produced by researchers and practitioners.

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Acknowledgment

The research work reported in this publication was supported by Fundação para Ciancia e Tecnologia (Foundation for Science and Technology) of Portugal through the individual research grant SFRH/BD/151432/2021.

Author information

Authors and Affiliations

  1. Universidade de Cabo Verde, Campus Palmarejo Grande, CP. 379-C, Praia, Cabo Verde

    Elcelina Carvalho Silva

  2. Instituto Superior Técnico, Avenida Rovisco Pais, CP 1049-001, Lisbon, Portugal

    Elcelina Carvalho Silva & Miguel Mira da Silva

Authors
  1. Elcelina Carvalho Silva
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  2. Miguel Mira da Silva
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Corresponding author

Correspondence to Elcelina Carvalho Silva .

Editor information

Editors and Affiliations

  1. ISEG, Universidade de Lisboa, Lisbon, Cávado, Portugal

    Alvaro Rocha

  2. College of Engineering, The Ohio State University, Columbus, OH, USA

    Hojjat Adeli

  3. Institute of Data Science and Digital Technologies, Vilnius University, Vilnius, Lithuania

    Gintautas Dzemyda

  4. DCT, Universidade Portucalense, Porto, Portugal

    Fernando Moreira

  5. TeCIP Institute, Scuola Superiore Sant’Anna, Pisa, Italy

    Valentina Colla

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Carvalho Silva, E., Mira da Silva, M. (2024). DLT-Based Central Bank Digital Currency Key Concepts. In: Rocha, A., Adeli, H., Dzemyda, G., Moreira, F., Colla, V. (eds) Information Systems and Technologies. WorldCIST 2023. Lecture Notes in Networks and Systems, vol 802. Springer, Cham. https://doi.org/10.1007/978-3-031-45651-0_30

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