The idea that much of today’s cash use will shift to digital tokens is not outlandish. But will it be a private cryptocurrency?Think about it: governments will want to retain control of what circulates as money in their economies.By the end of the current decade, the e-wallet on our smartphones could resemble a multicurrency account. But instead of dealing with commercial banks, you may be a customer of Central banks.CBDC - Central bank digital currency, is a new type of currency that governments around the world are experimenting with.Where will the future of money lead us, find out from a passionate leader of digital finance - Ronit Ghose, Global Sector Head for Banks Research, Co-Head of the FinTech Group at Citi!In this episode you will learn about:- The future of digital money- How is CBDC different from Bitcoin- How is China leading the way on global standards for CBDCEnjoy! #TheChangeOfficerHost: Vuk Zlatarov Guest: Ronit GhoseProduction company: PoddsterIf you or your company are thinking about starting your own podcast, book a free consultation at https://poddster.com/Follow our guest on Linkedin: https://www.linkedin.com/in/ronit-ghose-86033610/or Twitter: https://twitter.com/ronita380?lang=enFollow Citi: https://www.linkedin.com/company/citi/ and on @Citi LISTEN TO THE PODCAST 🎙SoundCloud - http://bit.ly/SC_TheChangeOfficerApple Podcast - http://bit.ly/Apple_TheChangeOfficerGoogle - http://bit.ly/Google_TheChangeOfficerSpotify - http://bit.ly/Spotify_TheChangeOfficerCONNECT WITH US: Website - https://www.thechangeofficer.comInstagram - https://www.instagram.com/thechangeof...LinkedIn - https://www.linkedin.com/company/the-...Facebook - https://web.facebook.com/TheChangeOff...Twitter - https://twitter.com/changeofficer_TIMESTAMPS:00:00 - Highlights00:38 - Intro02:43 - What is CBDC13:33 - How policymakers look at CBDC20:14 - China leading the way26:00 - Global future of money31:44 - CBDC vs crypto39:48 - Banks' view on crypto44:50 - The position of UAE in digital money50:19 - Ronit in young age51:36 - Ronit's achievements53:33 - The most important life lessons56:33 - Failure that set Ronit for greater success later1:00:47 - Ronit's principles in life and business