Digital Currency Economics and Policy 2020
DOI: 10.1142/9789811223785_0010
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Cellular Structure for a Digital Fiat Currency

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Cited by 4 publications
(2 citation statements)
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“…While discussing cryptocurrencies, whether they are Shariah permissible or not, the concept of a digital coin issued by a central bank with an actual intrinsic value and underlying asset seems to solve most of the discussed problems. In a direct model, the central bank digital currency (CBDC) (Aysan and Nawaz 2022) concept allows users to start their accounts directly from the central bank, not with the banks or other institutions (Ali, 2018). Such a system requires massive investment and a distributed ledger protocol.…”
Section: B Digital Currencies Blockchain and Other Dlt Technologies I...mentioning
confidence: 99%
“…While discussing cryptocurrencies, whether they are Shariah permissible or not, the concept of a digital coin issued by a central bank with an actual intrinsic value and underlying asset seems to solve most of the discussed problems. In a direct model, the central bank digital currency (CBDC) (Aysan and Nawaz 2022) concept allows users to start their accounts directly from the central bank, not with the banks or other institutions (Ali, 2018). Such a system requires massive investment and a distributed ledger protocol.…”
Section: B Digital Currencies Blockchain and Other Dlt Technologies I...mentioning
confidence: 99%
“…While discussing cryptocurrencies, whether they are Shariah permissible or not, the concept of a digital coin issued by a central bank with an actual intrinsic value and underlying asset seems to solve most of the discussed problems. In a direct model, the central bank digital currency (CBDC) [39] concept allows users to start their accounts directly from the central bank, not with the banks or other institutions [60]. Such a system requires massive investment and a distributed ledger protocol.…”
Section: Bmentioning
confidence: 99%