Central Bank Digital Currency (CBDC) Masterclass

This training course will be a combination of brief presentations, round table discussions and brainstorming group sessions. Participants will have a chance to look closer at how to embed banking and technology, to work together on developing central bank digital currencies. Finally, participants will compete to create a new CBDC based on the guidelines discussed during the workshop.

By the end of this training course, you will be able to:

• Determine the needs and conditions that made the transition toward a regulated digital currency a must
• Understand the main technology that will have the most influence on the global monetary, financial and banking systems
• Define different types of central bank digital currency from design guidelines to implementation and interoperability
• Determine the advantages and challenges of implementing a central bank digital currencies from both technical and economic point of views
• Differentiate between the multiple CBDC projects implemented globally in terms of technology and monetary aspect

This course is specifically designed for senior executives and managers of any banking or financial institution or related regulatory authorities. Participants will acquire a robust understanding and hands-on practice of the current innovations in the sector especially those related to central bank digital currency.

This training course is suitable to a wide range of professionals but will especially benefit: 

• Executives and C-level employees
• VP’s and head of departments
• Regulatory authorities directors
• Digital banking and Innovation teams
• Central banks executives

Organisational Impact

The impact of this workshop on the organization can be summarized as follows:

• What are the implications of cryptocurrencies on the banking sector and how regulatory authorities, banks and central banks should defend their positioning?
• How commercial banks can cooperate with central banks toward a successful regulated digital currency?
• Have a complete understanding about the new trends within the global monetary system
• How to embrace newly emerging technologies like Blockchain in order to upgrade the whole monetary ecosystem?
• How does financial innovation affect the conduct and the implementation of monetary policy?

Personal Impact

On the personal level, the impact of this workshop on the attendees can be briefed as follows:

• Getting deep knowledge related to digital currencies in general and CBDC more specifically
• Understanding of the whole digitalization of money and difference between regulated digital currencies and cryptocurrencies
• Be able to identify Blockchain technology and to understand its direct impact on banking sector
• Have a clear idea about designing, implementing and maintaining a central bank digital currency
• Best practice related to the top CBDC projects under research or already implemented by global central banks