DUBLIN–(BUSINESS WIRE)–The “Central Bank Blockchain Digital Currency (CBDC) and Cryptocurrency Reserves: Market Shares, Market Strategies, and Market Forecasts, 2022 to 2028” report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com’s offering.
Electric vehicle implementation is anticipated to add $114 trillion to the global economy by 2028 over and above what is part of the world economy now.
That will create demand for more cross border settlements – faster, cheaper, more efficient cross-border settlements. The growth that comes from replacing the entire installed base of gas driven vehicles is a once in a lifetime event, providing an enormous boost to the global economy. It makes the US national debt of $30 trillion pale in comparison to what is added to the economy by just this one industry, one of many driven by AI and energy storage implementation.
Worldwide central bank digital currency markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium-ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver. Rapid response to global warming is the primary growth driver.
CBDC will support faster and cheaper cross-border payments. The settlement process moves from two days to several seconds, creating a less costly, more efficient cross border settlement process. The CBDC is the pin-ultimate digital advance, digital currency. The aim is to create a stable value digital currency that can be used for cross border settlements.
Strong Growth of the US and World GDP pushes the need for CBDC, making it more immediate.
Governments have never had a monopoly on the provision of money. Private systems – unbacked by the government or deposit insurance – regularly sprang up in the past, often to service discrete communities. In the US in the 1800s, for example, railroad and canal companies paid workers in paper “scrip,” redeemable for goods at sponsored stores.
Solid State Batteries drive Economic Growth and the Adoption of Central Bank Digital Currency
Electric vehicles are but one aspect of the new industrial revolution. Silicon carbide replaces silicon. Robots replace much of human manufacturing labor. AI, CBDC, autonomous vehicles, robots, air taxis, and a range of new technologies are going to push economic growth far beyond what is even dreamed of today.
The problem is how to distribute wealth to everyone so they can participate in the economy and drive continuing economic growth. Education of everyone, ongoing education becomes significant, giving everyone enough to eat and have healthcare is significant, as is pushing solutions to combat environmental warming. All this is discussed in the context of CBDCs, creating a digital asset that the central banks can control as a stable currency.
The assumption is that commercial banking will go on as before, lending and serving industries, companies, and people. The Central bank CBDC will manage payments and cross border transactions.
Key Topics Include:
Key Topics Covered:
1. Digital Currency for Transaction Settlements
1.1 Blockchain as an Electronic List of Connected Records
1.2 US CBDC Instant Payments Operation
1.3 4th Industrial Revolution
1.4 CBDC Digital Financial Revolution
1.5 Implications of CDBC for New Industrial Revolution
1.6 Central Bank Digital Currency
1.7 Commercial Banking Market Description
2. CBDC Central Bank Digital Currency Market Shares and Market Forecasts
2.1 Central Bank Digital Currency CBDC Market Driving Forces
2.1.1 Value of CBDC Digitization of Cross-Border Settlements Payments
2.1.2 CBDC Market Driving Forces
2.2 Central Bank Digital Currency CBDC Blockchain Market Shares
2.3 Central Bank Digital Currency CBDC Market Forecasts
2.3.1 Improvements In Payment Systems
2.3.2 Central Bank Monetary Policy
2.4 Global Economy and Selected Market Segments
2.4.1 Auto Manufacturing Companies
2.4.2 Global Corporates Move $23.5 Trillion Across Countries Annually
2.4.3 US Central Bank Money: Most Trusted
2.4.4 Cryptocurrency Value Decline
2.4.5 Token-Based CBDCs
2.5 Digital Currency CBDC Regional Market Segments
2.5.1 US
2.5.2 US Central Bank Digital Currency (CBDC) Executive Order: Research a Matter of Urgency
2.5.3 China
2.5.4 CBDC for China
2.5.5 India
2.5.6 IBM Blockchain Platform for Supply Chain Financing and Security in India
2.5.7 Japan
2.5.8 UK
2.5.9 Switzerland
2.5.10 Bahamas and Cambodia
3. Global Economy, CBDC, Blockchain, and Stable Currency
3.1 Shifts In Financial Markets, Countries Seek to Further Embrace Digital Technology for Fiscal Control and Cross Border Settlements
3.1.1 Wealthy US Customer Base Assures Leadership In the 4th Industrial Revolution
3.1.2 Fundamental Strength of The US Economy
3.1.3 Elite Players Orchestrate the World Economy
3.2 Federal Reserve Bank of Boston and the Massachusetts Institute of Technology Digital Currency Initiative
3.2.1 US To Issue a Digital Currency CBDC
3.2.2 CBDC Brings Change in Money Supply
3.3 Central Bank of Bahrain and JPMorgan to Work on Digital Currency Settlement Pilot
3.3.1 Bank for International Settlements (BIS)
3.4 Bank for International Settlements (BIS) Core CBDC Technology Options
3.5 Reducing Tax Evasion, Money Laundering, and Fraud with Cryptocurrency
3.5.1 US Cryptocurrency Whole-of-Government Approach Executive Order:
3.5.2 Identifiers Reducing Tax Evasion, Money Laundering, and Fraud
3.6 Bitcoin and Crypto Currencies
3.6.1 Digital Cryptocurrencies
3.6.2 Bitcoin, Ethereum and Other Cryptocurrencies
3.6.3 US Central Bank Crackdown on Digital Currency
3.7 Volatility of the Bit Coin and Similar Crypto Currency
3.7.1 Fluctuating Values of Crypto Currency
3.8 Blockchain Simply Can’t Scale
3.8.1 L4S TapestryX
3.8.2 Consistency Issues with Blockchain
3.9 Stable Currency
4. Central Banking Industry – Central Bank Digital Currency
4.1 CBDC Enhances Cross Border Settlement Efficiency
4.2 CBDC Transaction flow
4.3 Blockchain Comparison: Corda, Fabric, and Quorum
4.4 Shift To Digital
4.5 GDP to Debt Gap
4.5.1 AI in Central Banking
4.6 Web 3.0
4.7 Move to Automation: AI and Quantum Computing
4.7.1 Innovation and industry transformation
4.8 Electric Vehicles, Solid State Batteries, and Energy Storage
4.9 Central Banks Adopt Banking as a Service
4.9.1 Hyperledger Fabric Transaction Flow
4.9.2 Hyperledger Fabric vs. Hyperledger Sawtooth
4.10 Banking Regulations
5. Blockchain Banking and Financial Technology Company Profiles
5.1 Accenture
5.2 Ackee Blockchain
5.3 Applied Blockchain
5.4 AWS
5.5 Bank for International Settlements (BIS)
5.6 Bitfury
5.7 Block.One
5.8 DBS Bank
5.9 The Digital Dollar Foundation
5.10 EOS
5.11 European Union Blockchain Observatory & Forum
5.12 Facebook Libra
5.13 Global Blockchain Association GBA
5.14 Goldman Sachs
5.15 Influxdata
5.16 Infosys
5.17 Intel, BMW, and Nielsen: Tribe Accelerator
5.18 JPMC
5.19 IBM Hyperledger Fabric
5.20 JP Morgan Chase (JPMC)
5.21 Microsoft
5.22 World Health Organization Collaborated with Oracle and IBM to create a digital ledger
5.23 Partior/JP Morgan, DBS Bank, and Temasek
5.24 Quorum
5.25 R3
5.26 Ripple
5.27 SAP
5.28 Swift
5.29 L4S/TapestryX
5.30 Tata Consultancy Services (TCS)
5.31 Wipro
6. Selected Description of Banks
6.1 The Commercial Banks
6.2 JP Morgan Chase
6.2.1 JPMorgan Onyx
6.3 Barklays
6.3.1 Digital Money
6.3.2 Private Platforms Can Be Risky
6.3.3 ‘Fedcoin’ Features
6.3.4 Barklays CBDC Analysis
For more information about this report visit https://www.researchandmarkets.com/r/2qjmk4
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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
