Future of money : how the digital revolution is transforming currencies and finance
- Cambridge : The Belknap Press of Harvard University Press, 2021
- 485 p. ; ill., 25 cm
Includes bibliographical references and index.
New technologies are shaking the foundations of traditional finance. Leading economist Eswar S. Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Facebook's Diem. Money and finance are on the verge of dramatic transformations that will reshape their roles in the lives of ordinary people.
9780674272224
Digital currency Banks and banking, Central International finance Bitcoin Digital renminbi Alipay Blockchain Bond markets Central bank digital Currencies (CBDCS) Distributed ledger technology (DLT) Initial coin offering (Icos) Monetary policy Peer-to-peer (P2P) lending Real-time gross settlement system Smart Contracts SWIFT (Society for Worldwide Interbank Financial Tele-communication) Unemployment Vehicle currencies RIGS