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The six ways to build trust and reduce privacy concern in a Central Bank Digital Currency (CBDC)
December 29, 2023 Β· Declared Dead Β· π arXiv.org
"No code URL or promise found in abstract"
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Authors
Alex Zarifis, Xusen Cheng
arXiv ID
2312.17708
Category
cs.HC: Human-Computer Interaction
Cross-listed
cs.CY
Citations
5
Venue
arXiv.org
Last Checked
4 months ago
Abstract
Central Bank Digital Currencies (CBDCs) have been implemented by only a handful of countries, but they are being explored by many more. CBDCs are digital currencies issued and backed by a central bank. Consumer trust can encourage or discourage the adoption of this currency, which is also a payment system and a technology. This research attempts to understand consumer trust in CBDCs so that the development and adoption stages are more effective and satisfying for all the stakeholders.
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