How to issue a privacy-preserving central bank digital currency

Grothoff, Christian; Moser, Thomas (2021). How to issue a privacy-preserving central bank digital currency (SUERF Policy Brief 114). Wien: Société Universitaire Européenne de Recherches Financières (SUERF)

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Many central banks are currently investigating Central Bank Digital Currency (CBDC) and possible designs. A recent survey conducted by the European Central Bank has found that both citizens and professionals consider privacy the most important feature of a CBDC. We show how a central bank could issue a CBDC that would be easily scalable and allow the preservation of a key feature of physical cash: transaction privacy. At the same time the proposed design would meet regulatory requirements and thus offer an appropriate balance between privacy and legal compliance.

Item Type:

Report (Report)

Division/Institute:

School of Engineering and Computer Science > Institute for Cybersecurity & Engineering (ICE) > ICE / Security and Privacy Group

Name:

Grothoff, Christian and
Moser, Thomas

Subjects:

H Social Sciences > HJ Public Finance
Q Science > QA Mathematics > QA76 Computer software

Series:

SUERF Policy Brief

Publisher:

Société Universitaire Européenne de Recherches Financières (SUERF)

Language:

English

Submitter:

Christian Grothoff

Date Deposited:

21 Jun 2021 15:20

Last Modified:

30 Jun 2023 10:27

Additional Information:

Die Erlaubnis, diese PDF-Datei im ARBOR-Repository zu veröffentlichen, wurde eingeholt

ARBOR DOI:

10.24451/arbor.15002

URI:

https://arbor.bfh.ch/id/eprint/15002

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