Decoding Digital Assets - Leon V. Schumacher

Decoding Digital Assets

Distinguishing the Dream from the Dystopia in Stablecoins, Tokenized Deposits, and Central Bank Digital Currencies
Buch | Hardcover
XXVIII, 378 Seiten
2024 | 2024
Springer International Publishing (Verlag)
978-3-031-54600-6 (ISBN)
53,49 inkl. MwSt

Central bank digital currency (CBDC) is on the horizon, with more than 130 central banks globally considering such projects. But is this beneficial for citizens and the financial system? This book offers a comprehensive guide on the intricate subjects of CBDCs, stablecoins, and tokenized deposits. Authored by an industry expert who has actively participated in the development of CBDC solutions, this book demystifies the complexities of CBDC and digital assets, presenting both the opportunities and challenges with practical examples and real-world contexts.

The book covers the history of money and the background of cryptography and technology architectures that are shaping the future of payments. It presents the risks and opportunities that these digital assets and CBDCs mean for our society. It discusses how CBDCs and stablecoins can potentially stabilize digital payment systems, offers opportunities for immediate settlements, and facilitate efficient cross-border payments. However, it also notes the significant challenges, including legal and regulatory complexities, social impacts, privacy concerns, security threats, and the risk of mass-surveillance. The book explores the different characteristics of digital assets, the options available for each characteristic (like privacy, sovereignty,...) and provides detailed knowledge to judge the merits of the solutions proposed by private and public players.

A must-read for anyone looking to understand the rapidly evolving world of digital currencies, this book encourages critical thinking about the opportunities and challenges presented by CBDCs and other digital assets and prompts readers to consider the vital aspects of privacy, security, and governance in an increasingly complex digital financial landscape.

Leon V. Schumacher is a seasoned technology leader and entrepreneur. He holds a master's in electrical engineering with a specialization in communications technology from the Swiss Federal Institute of Technology (ETH Zurich), a master's in management from HEC Paris, and a post-MBA from the Kellogg School of Business at Northwestern University. Schumacher is a veteran in the global corporate sector, having served as Group Chief Information Officer for Novartis and ArcelorMittal and founded multiple tech start-ups related to cybersecurity, privacy, and digital assets.

1. Introduction.- 2. An introduction to cryptography: Unlocking the future of money.- 3. An introduction to technology architectures: Shaping the future of payments.- 4. Understanding privacy.- 5. Understanding money.- 6. A deep dive into payments.- 7. Understanding central banks.- 8. Exploring the nature of assets.- 9. A primer on crypto-assets and the unavoidable blockchain.- 10. Unveiling the world of cryptocurrencies.- 11. Exploring Stablecoins: Ensuring stability in a volatile crypto market.- 12. Central Bank Digital Currencies (CBDCs): Exploring characteristics, risks and benefits.- 13. CBDC examples.- 14. Technology choices and design options.- 15. Architecting a retail CBDC.- 16. Architecting a wholesale CBDC.- 17. Conclusion.

Erscheinungsdatum
Zusatzinfo XXVIII, 378 p. 73 illus., 70 illus. in color.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Cashless Society • Central bank digital currency (CBDC) • cryptocurrencies • Digital financial landscape • digital payments • Digital Payment Systems • Financial innovation • Financial Technology • Stablecoins • tokenized deposits
ISBN-10 3-031-54600-8 / 3031546008
ISBN-13 978-3-031-54600-6 / 9783031546006
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
theoretische Basis und praktische Anwendung

von Ralf Jürgen Ostendorf

Buch | Softcover (2023)
De Gruyter Oldenbourg (Verlag)
39,95
Funktionen — Methoden — Grundsätze

von Manfred Jürgen Matschke; Gerrit Brösel …

Buch | Hardcover (2024)
Springer Gabler (Verlag)
69,99