New research shows that retail central bank digital currencies (CBDCs) can be designed to protect user privacy, one of the biggest concerns surrounding the future of digital money. Professor Iwa Salami of the University of East London and Professor William Buchanan of Edinburgh Napier University have examined how privacy risks in state-backed retail digital currencies can be reduced through careful system design and legal safeguards.
New study outlines privacy solution for retail central bank digital currencies
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