Core Banking, Digital Banking

Privacy and Central Bank Digital Currencies

January 19, 2023

Privacy and Central Bank Digital Currencies
Privacy is regarded as a crucial factor in the investigation and development of Central Bank Digital Currencies (CBDC) and is therefore thoroughly researched by monetary authorities, academia, and the private sector. Academic research indicates that CBDC transactions may involve processing significant amounts of identity and transaction-related information (Lee et al., 2021), raising privacy concerns for future users. While there exist countless definitions for privacy, such as “the right to be left alone” (Warren and Brandeis, 1890), in this document, the definition of Nissenbaum (2010) - “the appropriate flow of information” - will be followed.

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Charlesworth Research

Charlesworth Trading is a proprietary investment firm headquartered in Chicago, IL that trades in futures, options, and equities markets. Located in both Chicago and Shanghai, China, Charlesworth Trading is a global company that trades 24 hours a day on over 30 exchanges worldwide. With our commitment to technological and market expertise, we aim to become an innovative, industry-leading firm.

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Spotlight

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Charlesworth Trading is a proprietary investment firm headquartered in Chicago, IL that trades in futures, options, and equities markets. Located in both Chicago and Shanghai, China, Charlesworth Trading is a global company that trades 24 hours a day on over 30 exchanges worldwide. With our commitment to technological and market expertise, we aim to become an innovative, industry-leading firm.

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