Wolfram Seidemann, chief executive officer of G+D Currency Technology, joins John Orchard, CEO of OMFIF, to discuss how to overcome the major roadblocks, concerns and challenges of introducing a central bank digital currency and how policy-makers could address privacy concerns. They touch upon how a lack of financial literacy may impact the adoption of CBDC.

Since the beginning of the Covid-19 crisis, CBDC has gained traction among public and private sector institutions. Central banks are actively looking at adoption of digital currency. Other points covered include universal usage, financial inclusion, resilience and data privacy. Finally, they discuss a frequently asked question: should CBDC be interest bearing?