A Discussion about Computational Challenges of Programmable Money in Blockchain-based CBDCs
Arlindo F. da Conceição, Roman Vitenberg
TL;DR
The implementation of programmable money on DLT-based CBDCs was discussed and four aspects were analyzed: architectural design, security, scalability, and energy consumption.
Abstract
This article discusses the implementation of programmable money on DLT-based CBDCs. After briefly introducing what programmable money is, we enumerate some initiatives worldwide and discuss the critical steps for implementation. We look at the challenges from the Computer Science perspective. Four aspects were analyzed: architectural design, security, scalability, and energy consumption.