DEV Community

Cover image for Secure Digital Currency: How Central Banks Can Build Foolproof Payment Infrastructure
Mike Young
Mike Young

Posted on • Originally published at aimodels.fyi

Secure Digital Currency: How Central Banks Can Build Foolproof Payment Infrastructure

This is a Plain English Papers summary of a research paper called Secure Digital Currency: How Central Banks Can Build Foolproof Payment Infrastructure. If you like these kinds of analysis, you should join AImodels.fyi or follow us on Twitter.

Overview

  • Design principles for Public Key Infrastructure (PKI) in Central Bank Digital Currency (CBDC) systems
  • Focus on security, scalability, and interoperability requirements
  • Analysis of certificate authority hierarchies and key management
  • Recommendations for CBDC-specific PKI implementations
  • Assessment of operational risks and mitigation strategies

Plain English Explanation

Public Key Infrastructure acts like a digital passport system for CBDCs. It ensures that when people use digital currency, everyone involved is who they claim to be. Think of it as a secure env...

Click here to read the full summary of this paper

Image of Timescale

Timescale – the developer's data platform for modern apps, built on PostgreSQL

Timescale Cloud is PostgreSQL optimized for speed, scale, and performance. Over 3 million IoT, AI, crypto, and dev tool apps are powered by Timescale. Try it free today! No credit card required.

Try free

Top comments (0)

A Workflow Copilot. Tailored to You.

Pieces.app image

Our desktop app, with its intelligent copilot, streamlines coding by generating snippets, extracting code from screenshots, and accelerating problem-solving.

Read the docs

👋 Kindness is contagious

Please leave a ❤️ or a friendly comment on this post if you found it helpful!

Okay