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Bitcoin, stable coins and central bank digital money

6 March 2019 at 12:30 PM - 2:00 PM

Room 207, Campus on Viale Romania, 32

Speaker: Aleksander Berentsen, University of Basel

Title: Bitcoin, stablecoins and central bank digital money

Abstract: I first introduce blockchain technology by identifying and discussing the key innovation of the Bitcoin blockchain. The innovation is a consensus mechanism in a distributed and permissionless database. I then talk about the main use cases of this technology such as censorship resistant virtual assets, smart contracts and stable coins. The presentation concludes with a discussion of the implications for central banks and the financial system.