2023
DOI: 10.54254/2754-1169/33/20231646
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Central Bank Digital Currency (CBDC) and Its Potential Impact on the Chinese Economy

Haoguo Cheng

Abstract: Digital Gold Currency first appeared on the market in 1996, a digital currency designed based on gold quality. Still, the disadvantage of digital gold currency is that it has no cryptographic protection, and the security needs to be better. Nowadays, with the development of technology, more and more governments have started to study and use digital currencies, which benefits the economic market. This paper focuses on the central bank digital currencies issued in China, combining the current situation and chara… Show more

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