Central Bank Digital Currencies under Blockchain Technology: Discussion of Digital Bank Runs and Design Principles

dc.contributor.authorDoğan, Muhammet
dc.contributor.authorÖvenç, Gökhan
dc.date.accessioned2024-07-18T20:07:02Z
dc.date.available2024-07-18T20:07:02Z
dc.date.issued2021
dc.departmentİstanbul Billgi Üniversitesien_US
dc.description.abstractThe rising of digital currencies and the technology behind them, “blockchain,” draws much attention in many areas. According to the 2021 report of BIS, 86% of the participant central banks are actively researching the potential in this technology. This study attempts to shed light on possible expansion in monetary policy tools by the issuance of CBDC. Thus, it suggests a partial substitution of paper currency. Four design principles have been stated and discussed for a monetary system that includes CBDC and possible solutions regarding the digital bank run.en_US
dc.identifier.doi10.31590/ejosat.916233
dc.identifier.endpage709en_US
dc.identifier.issn2148-2683
dc.identifier.issue27en_US
dc.identifier.startpage699en_US
dc.identifier.trdizinid1175784en_US
dc.identifier.urihttps://doi.org/10.31590/ejosat.916233
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/1175784
dc.identifier.urihttps://hdl.handle.net/11411/5746
dc.identifier.volume0en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofAvrupa Bilim ve Teknoloji Dergisien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleCentral Bank Digital Currencies under Blockchain Technology: Discussion of Digital Bank Runs and Design Principles
dc.typeArticle

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