CBDC+: Innovative Solution for Enhancing Central Bank Digital Currencies
CBDC+: Innovative Solution for Enhancing Central Bank Digital Currencies Proposal for extending CBDCs to facilitate and expedite their implementation © 4. dubna 2023, Pepe Rafaj a spol. I. Introduction Central Bank Digital Currencies (CBDCs) bring a range of benefits, such as improving financial stability, reducing transaction costs, and promoting digital and financial inclusion. However, traditional CBDCs have their limitations. One of the main concerns about CBDCs is the potential loss of privacy and the possibility of monitoring or limiting financial transactions. CBDC+ is an innovative concept that presents an enhanced version of CBDC, supplemented with elements of stablecoins, smart contracts, multicurrency, and CBDR (Central Bank Digital Receipts) solutions so that an adequate payment instrument for the future can emerge based on new insights and technologies. This article focuses on the advantages and possibilities of CBDC+. II. Definition of Payment Methods Table 1 Type of Curr