The digital Euro and the birth of a new economy
The digital euro is also a tangible possibility to support the general economic policies of the European Union (EU) and the monetary policies of the European Central Bank (ECB),, to meet the emerging payment needs of a modern economy by offering, in addition to cash, a secure digital asset with advanced features, thereby ensuring the inclusion of the entire population.
But what challenges and benefits are likely to result from introduction of a Digital Currency? And how can a series of requirements and principles be met, including robustness and resilience, security, efficiency, and privacy protection?
Central Bank Digital Currencies amidst technology and new financial processes
In this fast-moving scenario, Nexen, a company of the Engineering Group, has set up an observatory on the topic of CBDCs, to monitor regulatory developments and the consequences that will gradually emerge, offering itself as a partner to support financial institutions in assessing the impact on processes, on the products and services provided and the potential for developing new lines of business.