Assessing Global Adoption of the Central Banking Digital Currency

Central Banking Digital Currency (CBDC) is a digitalized version of cash. It seeks to preserve all the properties and characteristics of the monetary unit, the most famous of which are: a store of value, a medium of exchange, and a unit of account.
Using machine learning techniques, the student will answer questions about how quickly it is possible to implement CBDC, whether it will be successful and predict the transition from a state of disinterest to the active use of this type of currency.
Identification of factors that can help in the implementation of the project, as well as the introduction and acceptance of Central Banking Digital Currency, in Canada, will be carried out. Drawing up recommendations that can be improved and considered at the state level, the project itself can contribute to the accelerated implementation of technology, as well as direct interaction with the state apparatus.

Faculty Supervisor:

Mark Crowley

Student:

Partner:

Kyiv School of Economics

Discipline:

Engineering

Sector:

Education

University:

University of Waterloo

Program: