Are Central Bank Digital Currencies The New Global Money?

CBDCs are digitally native fiat currencies that are directly issued and backed by central banks. They aim to extend the utility of physically settled monies to the digital world by removing extra steps and intermediaries from digitized banking and payment infrastructure. In so doing, CBDCs are intended to make transactions more efficient, manageable and financially inclusive.

Travel and Hospitality: Adapting to the “Next Normal” with Blockchain Technology

The following analysis is grounded in the central themes of Deloitte’s assessment with a focus on how blockchain and distributed ledger technologies (DLTs) can reduce friction and increase transparency, ultimately improving trust in a trustless environment.