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Considering these trends, UNICEF’s Office of Innovation has been exploring the use of digital currencies, including cryptocurrencies, and how it might have an impact on the work that UNICEF does.  (...) Since its launch in October 2020, Cambodia's digital currency Bakong has directly or indirectly benefited more than 5.9 million users, with over $500 million in digital transactions made in the first half of 2021 alone. (...) To date, 87 countries (more than 90% of the world's GDP) have explored the issuance of a digital currency . Of these, 9 countries have fully launched a CBDC, the latest being Nigeria's e-Naira.
Language:English
Score: 1200679.9 - https://www.unicef.org/innovat...sive-digitally-financed-future
Data Source: un
Opportunities and risks associated with the advent of digital currency in the Caribbean | Publication | Economic Commission for Latin America and the Caribbean Skip to main content United Nations Español English Português About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review Economic Commission for Latin America and the Caribbean Menu Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Search About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review ES EN PT You are here Home » Publications » Opportunities and risks associated with the advent of digital currency in the Caribbean Available in: English Opportunities and risks associated with the advent of digital currency in the Caribbean January 2016 | ECLAC Series » Studies and Perspectives – ECLAC Subregional Headquarters for the Caribbean Economic development Production, productivity and management Planning for development ECLAC - Caribbean Author: Bissessar, Shiva UN symbol.: LC/L.4131 61 p. Editorial: ECLAC, Subregional Headquarters for the Caribbean January 2016 Download Publication pdf Description This report examines the usage of digital currency technology in the Caribbean subregion with a view to drawing attention to the opportunities and risks associated with this new phenomenon. (...) The report also discusses mobile money solutions, and the relationship of that technology to digital currency. View bibliographical record in the Digital Repository You might be interested in Mexico: industrial policies and the production of...
Language:English
Score: 1199748.2 - https://www.cepal.org/en/publi...ent-digital-currency-caribbean
Data Source: un
Blockchain-based options for bank clearance and settlement 1) The Open Model Use Bitcoin or another commodity-like digital currency – either directly, or by building on top of their public blockchain 2) The Permissioned Model Use blockchains operated by a restricted consortium of banks and other institutions 3) The Centralized Model Central Bank-issued Digital Currencies (CBDCs) Open blockchains • Bitcoin, Ethereum, DASH…… this is where innovation comes from. • But its also the Wild West. • Pseudonymous ≠ Private Permissioned blockchains • Restricted to a limited set of participating institutions – So how is governance to be managed? • Under intense development by the banking industry and large ICT players like Microsoft and IBM • Not likely to be headquartered in the Caribbean – So not much benefit to monetary sovereignty • Data privacy is still a problem Central Bank-issued Digital Currency • Direct issuance of digital currency by central banks, either in parallel with or as a replacement for existing paper currencies • Every user of a currency would have an account on a blockchain managed by the central bank and would use that account as the primary means for conducting settlements Central Bank-issued Digital Currency • Radical economic change • Highly auditable – financial crimes can be more easily detected • Privacy issue is resolved – Except for Big Brother watching you Balancing privacy and auditability Conclusion • Solutions utilizing Blockchain are not likely to be ready in time to resolve the de-risking problem • But it would be nice to have some arrows in the quiver to deal with the next shock that comes down from the international financial system • So, lets let innovators innovate Robert Crane Williams (Bobby) Robert.Williams@eclac.org spikewilliams@gmail.com http://vrb.al/eclac-derisking-fintech
Language:English
Score: 1199155 - https://www.cepal.org/sites/de...frameworks-robert_williams.pdf
Data Source: un
Digital currency offers promising ways to make transactions more secure and cost-effective. (...) Gearing up for DC3: Central bank digital currencies, stablecoins, and security By ITU News As the world embraces a cashless approach to transactions, digital currencies are taking centre stage. (...) To date, 68 central banks around the world […] The post Gearing up for DC3: Central bank digital currencies, stablecoins, and security appeared first on ITU Hub.
Language:English
Score: 1197960.6 - https://www.itu.int/hub/tag/sd...ation-and-infrastructure/feed/
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Bejoy Das Gupta   Vice Team Leader, Policy and Governance Working Group,  Digital Currency Global Initiative and eCurrency Dr. (...) Ashley Lannquist Project Lead, Blockchain and Digital Currency,  World Economic Forum​ ​ Ashley Lannquist is the Project Lead for Blockchain and Digital Currency at the World Economic Forum’s Centre for the Fourth Industrial Revolution in San Francisco. (...) Ashley is the lead author of the World Economic Forum’s 2020 “CBDC Policy-Maker Toolkit” and a co-manager of the Digital Currency Governance Consortium. Prior to working in blockchain technology, she worked in fixed income investment management for BNY Mellon and elsewhere.
Language:English
Score: 1186423.2 - https://www.itu.int/en/ITU-T/w...inars/20210329/Pages/bios.aspx
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Digital Currency From cryptocurrencies to CBDCS 25 – 27 January 2022 https://itu.int/go/dc3c An event of the Digital Currency Global Initiative DC3 Conference What is the quantum computing threat to classic cryptography? (...) High level perspective • Any cryptocurrency based on traditional cryptographic primitives that rely on classically hard problems would be at some level of serious risk • Ranking them would require an exhaustive technical deep dive, but there are things worth highlighting to help understand how nuanced the situation can be and how important it is that we prepare now Digital signatures based on elliptic curves • ECC-based digital signatures are pervasive in today’s cryptocurrencies • An attacker today with a viable quantum computer could forge digital signatures given a public key. • Cryptocurrencies that expose public keys would face issues such as forging the signatures that authorize spending one’s digital currency • Simply put: a catastrophic situation • Cryptocurrencies that do not expose public keys – for example via a one-way hash of the public key – have a much different exposure • But risk is generally still there somewhere, as there are still situations in which the actual public key must be exposed and used • Cycling key pairs after use can be used as a way to limit exposure of public keys Proof-of-work based on hash function • Anyone with access to viable quantum computers has an immediate advantage over those who do not • Cryptocurrencies that are mined based on proof-of-work would face certain parties having a significant advantage over others • The worst case would be a successful 51% attack that gains control of the cryptocurrency’s blockchain What’s the message? (...) • For our purposes of protecting digital currencies, exact dates are less important than accepting that viable quantum computers will likely be here within the next decade • The fact that it likely will happen and will happen before or in the same time frame as broad adoption of things like CBDCs is enough to influence our thinking • We need to plan.
Language:English
Score: 1184897.5 - https://www.itu.int/en/ITU-T/W.../0125/Documents/Paul_Lloyd.pdf
Data Source: un
“CBDC is a digital form of central bank-issued currency and is therefore legal tender ,” according to Deputy Governor Natalie Haynes. (...) Part of the testing included the successful minting of digital currency worth 230 million Jamaican dollars (USD 1.5 million) in August 2021. (...) Establish the universal national digital ID card. Laws are in place to implement this as a “single source of ID” – vital to the digital currency rollout.
Language:English
Score: 1180608.3 - https://www.itu.int/hub/2022/0...aica-cbdc-rollout-moves-ahead/
Data Source: un
Programme Day 1 (Wednesday, June 1, 2016) 0800 – 0850   On-site registration 0850 – 0900  Security briefing     0900 – 1015  Agenda item 1:    Opening of the meeting National Anthem Welcome and introductory remarks: Nigel Cassimire, Acting Secretary General, Caribbean Telecommunications Union [Video] International Telecommunication Union:  Cleveland Thomas,  Area Representative, ITU Area Office for the Caribbean Economic Commission for Latin America and the Caribbean: Dillon Alleyne, Deputy Director [Video] Introductory Remarks on behalf of TATT:  Cynthia Reddock-Downes, CEO(Ag) [Video]   Feature address:  The Honourable Maxie Cuffie, Minister of Public Administration and Communications,  Ministry of Public Administration and Communications, Trinidad and Tobago [Video] 1015 – 1030  Official photo 1030 – 1100  Coffee Break   1100 – 1145  Agenda item 2:    Presentation by the Commonwealth Secretariat                             Presenter: David Tait, Member of the Commonwealth Working Group on Virtual Currencies   Presenter: Emma Thwaite,  Commonwealth Secretariat, United Kingdom 1145 – 1230  Agenda item 3:    Presentation - ITU Focus Group Digital Financial Services Presenter: Vijay  Mauree, ITU FG DFS                              1230 – 1345  Lunch Break 1345 – 1500  Agenda item 4:     Panel discussion - The current status of digital economy participation Case Studies:  Small Medium Enterprise (SMEs) Case Study 1:  Francine Clark, Franci Foods, Trinidad and Tobago [Video] Case Study 2:  Nerissa Golden, Golden Media, Montserrat [Video] Panelists [Video] Tracy Hackshaw, Trinidad and Tobago Marlon P. (...) Marie, Organisation of Eastern Caribbean States (OECS) [Video]   Agenda item 3:    Presentation - Technology trends in digital financial services Presenter:  Ian John, Director of Systems Solutions, Massy Technologies InfoCom, Trinidad and Tobago [Video] 1130  – 1230   Agenda item 4:    Presentation  -  Lessons from the Haiti mobile money scenario Presenter: Michel Stéphane Bruno, Société générale haïtienne de Banque, S.A. (...) Attachments FinTech Programme FinTech Presenter Biographies Day Agenda 1-Opening remarks-Dillon Aalleyne-Eclac.pdf Day 1 Agenda 2 - David Tait & Emma Thwaite - Commonwealth Secretariat Presentation 1 June 2016 Day 1 Agenda 3 - Vijay Mauree - ITU Focus Group Digital Financial Services Carribbean Day 1 Agenda 4 - Nerissa Golden - Small Business Challenges in Finance Day 1 Agenda 4 - Francine Clark - Franci Foods Day 1 Agenda 5 - ECLAC Pinaka - Digital Currency Day 1 Agenda 5 - EGM 1 Digital Currencies meeting report 3 December 2014 Day 1 Agenda 5 EGM 2 Digital currencies meeting report 12 March 2015 Day 1 Agenda 5 - Study Opportunities Risks Digital Currencies Day 2 Agenda 1 - Cleveland Thomas - ITU - Sou-Sou ICT Financing Day 2 Agenda 1 - TED 2016 - Shivani Siroya - A smart loan for people with no credit history (yet) TED Talk Day 2 Agenda 2 - Marlon Marie - OECS - e-Commerce Survey 2014 Day 2 Agenda 3 - Ian John - Massy Technologies InfoCom Day 2 Agenda 4 - Michel Stéphane Bruno - SOGEBANK - Accelerating the deployment of mobile money Day 2 Agenda 5 - Gabriel Abed - Bitt - Digital Currency in the Caribbean exploration Day 2 Agenda 5 - Winston Moore Jeremy Stephen - Should Cryptocurrencies be included Day 2 Agenda 6 - Judith Mark - CME Consulting - Role of innovation & entrepreneurship Day 2 Agenda 6 - Tracy Hackshaw Book Recommendation - Blockchain Revolution - Don Tapscott Alex Tapscott Day 3 Agenda 1 - Adam Vaziri - DIACLE - Risky Business Day 3 Agenda 2 - TATT - Implications for Regulators Day 3 Agenda 3 - Terrance Clarke - Bidrate - The Evolving Policy Environment Day 3 Agenda 5 - E Jay Saunders - DSS Domus Semo Sancus - Balanced solution 1-3 Jun 2016 Meetings and technical symposiums Hilton Trinidad and Conference Center Port of Spain Trinidad and Tobago By registration Organized by International Telecommunication Union Telecommunications Authority of Trinidad and Tobago ECLAC Subregional Headquarters for the Caribbean Contact ECLAC Caribbean - ICT4Development ict4d-pos@eclac.org Meeting documents Opportunities and risks associated with the advent of digital currency in the Caribbean Links Photos from event ECLAC Caribbean Facebook page ITU Event Website Topics Knowledge management Information and communications technologies (ICTs) Related Content Publication Opportunities and risks associated with the advent of digital currency in the Caribbean Event | 3 Dec 2014 , Port of Spain, Trinidad and Tobago First expert group meeting on opportunities and risks associated with the advent of digital currency in the Caribbean Event | 12 Mar 2015 , Port of Spain, Trinidad and Tobago Second expert group meeting on opportunities and risks associated with the advent of digital currency in the Caribbean Subscription Get ECLAC updates by email Subscribe Work areas Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Follow us on Cooperation Publications Data and statistics Training Press Centre Events ECLAC Library Digital Repository About ECLAC Member states Subsidiary bodies ECLAC senior staff Employment opportunities Procurement ECLAC Headquarters Av.
Language:English
Score: 1178919.8 - https://www.cepal.org/en/event...ansactions-financing-caribbean
Data Source: un
Opportunities and risks associated with digital currency in the Caribbean | Infographic | Economic Commission for Latin America and the Caribbean Skip to main content United Nations Español English Português About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review Economic Commission for Latin America and the Caribbean Menu Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Search About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review ES EN PT You are here Home » Infographics » Opportunities and risks associated with digital currency in the Caribbean Available in: English Opportunities and risks associated with digital currency in the Caribbean Digital currency and mobile money solutions are components of new industry classifications referred to as Financial Technology (FinTech) and Digital Financial Services (DFS). 29 June 2015 | Infographic ECLAC - Caribbean * You may publish the PDF and JPG files presented in this page online or in print for free. ** Please don't hesitate to share with your partners or publishing associates. *** The infographics and fact sheets may not be altered, transformed, or built upon and you must attribute the work to ECLAC in the manner specified. You might be interested in Press Release Countries Advocated for Science, Innovation and New Technologies to Play a More Active Role in Policies for the Region’s Economic, Productive and Social Development News Science, Technology and Innovation are Crucial for Facing the Pandemic and Moving Towards a Transformative Recovery with Equality and Sustainability in the Region News Authorities Will Debate about Health Sovereignty, Digital Technologies and Eco-Innovation at ECLAC’s Regional Conference Links ECLAC Caribbean Facebook page Topics Information and communications technologies (ICTs) Contact ECLAC Caribbean - ICT4Development ict4d-pos@eclac.org Subscription Get ECLAC updates by email Subscribe Work areas Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Follow us on Cooperation Publications Data and statistics Training Press Centre Events ECLAC Library Digital Repository About ECLAC Member states Subsidiary bodies ECLAC senior staff Employment opportunities Procurement ECLAC Headquarters Av.
Language:English
Score: 1178545.7 - https://www.cepal.org/en/infog...ted-digital-currency-caribbean
Data Source: un
Opportunities and risks associated with digital currency in the Caribbean | Infographic | Economic Commission for Latin America and the Caribbean Skip to main content United Nations Español English Português About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review Economic Commission for Latin America and the Caribbean Menu Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Home Work areas 2030 Agenda for Sustainable Development Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Cooperation Publications Data and statistics Training Press Centre Events Search About ECLAC Executive Secretary Headquarters and offices Library CEPAL Review ES EN PT You are here Home » Infographics » Opportunities and risks associated with digital currency in the Caribbean Available in: English Opportunities and risks associated with digital currency in the Caribbean Digital currency and mobile money solutions are components of new industry classifications referred to as Financial Technology (FinTech) and Digital Financial Services (DFS). 29 June 2015 | Infographic ECLAC - Caribbean * You may publish the PDF and JPG files presented in this page online or in print for free. ** Please don't hesitate to share with your partners or publishing associates. *** The infographics and fact sheets may not be altered, transformed, or built upon and you must attribute the work to ECLAC in the manner specified. You might be interested in Press Release Countries Advocated for Science, Innovation and New Technologies to Play a More Active Role in Policies for the Region’s Economic, Productive and Social Development News Science, Technology and Innovation are Crucial for Facing the Pandemic and Moving Towards a Transformative Recovery with Equality and Sustainability in the Region News Authorities Will Debate about Health Sovereignty, Digital Technologies and Eco-Innovation at ECLAC’s Regional Conference Links ECLAC Caribbean Facebook page Topics Information and communications technologies (ICTs) Contact ECLAC Caribbean - ICT4Development ict4d-pos@eclac.org Subscription Get ECLAC updates by email Subscribe Work areas Gender affairs International trade and integration Economic development Production, productivity and management Social development Sustainable development and human settlements Statistics Planning for development (ILPES) Population and development Natural resources Follow us on Cooperation Publications Data and statistics Training Press Centre Events ECLAC Library Digital Repository About ECLAC Member states Subsidiary bodies ECLAC senior staff Employment opportunities Procurement ECLAC Headquarters Av.
Language:English
Score: 1178545.7 - https://www.cepal.org/en/infog...ted-digital-currency-caribbean
Data Source: un