Last year the Bank of Canada (BoC) ran a university competition, the Model X Challenge, to design a hypothetical central bank digital currency (CBDC), or “digital loonie” in Canadian parlance. Today the top three Universities published their proposals.
All three approaches suggest an account-based solution, although two of them additionally advocate for a tokenized layer.
Below is a very high-level summary of papers that were each around 50 plus pages in length.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
