Posts tagged central banks
Cellular structure for a digital fiat currency

This paper by DCI Reserach Scientist Robleh Ali sets out a structure for a digital fiat currency system. The primary benefit of the cellular structure is that it lowers barriers to entry for payments by using trustless intermediation between cells in the system. The larger purpose of this structure is to create an open foundation for a decentralized financial system in which competition can thrive but which cannot be captured by private interests.

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