On July 2, the Bank of Japan (BoJ), Japan’s central bank, published a report titled “Technical challenges of CBDC: Central Bank Digital Currency as the cash equivalent.” In this report, the BoJ focuses on the technical aspects of central bank digital currency (CBDC), which central banks are planning to issue. The report explains the technical issues that need to be solved in order for CBDC to have the properties of cash, which can be used to settle transactions securely and reliably by anyone, anytime, and anywhere.
