Taler as a Synthetic Central Bank Digital Currency

Research output: Contribution to book/Conference proceedings/Anthology/Report › Chapter in book/Anthology/Report › Contributed › peer-review

Contributors

Abstract

A synthetic Central Bank Digital Currency (sCBDC) is a privately issued payment instrument fully backed by central bank liabilities. GNU Taler is a token-based digital payment system that offers a range of unique features to its users, pairing ease-of-use with payment privacy and informational self-determination. As it is Free Software, any retail bank can easily adopt the technology to create an sCBDC, benefiting from its unique features and low operational costs, while receiving risk-free interest rates from central bank reserves. Our work introduces the concept and contrasts it with related payment instruments.

Details

Original languageEnglish
Title of host publicationTokenisation of Money
PublisherSpringer, Cham
Pages113-124
Number of pages12
ISBN (electronic)978-3-032-22946-5
ISBN (print)978-3-032-22945-8
Publication statusPublished - Jul 2026
Peer-reviewedYes

Publication series

SeriesContributions to Finance and Accounting
ISSN2730-6038

External IDs

ORCID /0009-0006-4489-7069/work/223387216
unpaywall 10.1007/978-3-032-22946-5_9
Scopus 105049133514

Keywords

Research priority areas of TU Dresden

DFG Classification of Subject Areas according to Review Boards

Subject groups, research areas, subject areas according to Destatis

Keywords

  • Business model, Privacy, Retail, sCBDC, Self-custody