Central Bank Digital Currency (CBDC): The impacts of central bank digital currency issuance on commercial banks offering services and products

In the financial world, blockchain technology and the digital currency Bitcoin were introducedby Nakamoto in ۲۰۰۹, and have had a wide impact on financial transactions. Central banksaround the world are exploring the use of this technology to address challenges such as securityand flexibility in the banking system. This transformation can help governments utilize the newtechnology without disrupting existing structures. With the introduction of central bank digitalcurrency, commercial banks will need significant changes in their service offerings. Thesechanges include deposit attraction facilities, payment services, and a new form of financialintermediation by banks. These transformations may lead to increased competition, costreduction, facilitation of international trade, and market stability. However, a detailedexamination of all aspects and impacts of these changes on policies and the economy is essential.It is logical that these transformations are crucial for restoring all countries citizens’ rights forfreely entering international markets, regardless of their nationalities.

کلیدواژه ها:

CBDC ، Cryptocurrencies ، Commercial Banks ، Products and Services