Digital currency

This is an archive of posts relating to my work on digital currency at Giesecke+Devrient. I post those on LinkedIn and host copies here.

• Is DLT necessary to build a CBDC? Part 1 (2023-05-19)
• Is DLT necessary to build a CBDC? Part 2 (2023-05-30)
• Offline payments: How does G+D Filia fare? (2023-06-07)
• Is DLT necessary to build a CBDC? Part 3 (2023-06-14)
• What are formal methods, and how do they affect CBDC? (2023-06-20)
• Is DLT necessary to build a CBDC? Part 4 (2023-07-10)
• The Digital Euro: Taking a common-sense approach to CBDC (2023-07-12)
• (Not) making headway: Stablecoins as payment instruments? (2023-07-17)
• What, if anything, is a wallet? (2023-07-31)
• What, if anything, is a token? (2024-01-22)
• Are stablecoins centralized or decentralized? (2024-02-22)
• True offline payments are impossible. Or are they? (2024-07-01)
• Tokenisation: The logical next step for securities (2024-07-19)
• Meeting the need for offline digital payments (2024-10-01)
• How to route payments (2024-10-08)
• How to route CBDC payments (2024-10-15)
• Cross-border payment: there is no such thing (2024-11-04)
• Cybersecurity and privacy in digital currencies (2025-05-15)
• Towards a standardised CBDC? (2025-07-24)
• The principle of least power (2025-11-18)