Exploring the Need for a CBDC Universal Access Device
This paper explores the arising legal and economic issues around the adoption of central bank digital currency (CBDC) universal access devices (UADs), single key tools for protecting and representing users, and the organization for supporting it from a network. There’s no single punchline, but lots of food for thought, particularly for the European context.
This Bank of Canada paper gets into some of the technicalities in this paper. For those who doubt that such a device is plausible, check out this WhisperCash presentation.