worldbanknote

WBS Keyvisual 2020 master Green

Chatbox: How hybrid physical-digital banknotes will change the nature of currency

The increase in digital payments coupled with the arrival of cryptocurrencies and CBDC's may appear to point to a bleak future for traditional cash. It's possible, however, to imagine a future where physical cash instruments are also digital, working in concert with CBDC's rather than being replaced by them. Central banks and currency printers can increase security while at the same time creating a physical-digital cash instrument that's as easy to use as existing notes are today. We'll explore how this novel technology works for cryptocurrency today and its implications for central banks, currency printers and cash management.