kaal:claim:3808867-040

The end of the technological life cycles of legacy payment systems in the early 2020s, together with emerging payment trends, requires central banks to intensify their examination of alternative payment systems.

Source quote, verbatim

The end of technological life cycles of legacy systems in the early 2020s and associated emerging trends in payment systems necessitate central banks' enhanced examination of alternative payment systems.

From

Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021), V. Decentralized Commerce, p. 19
https://ssrn.com/abstract=3808867 · source PDF

Cite as

Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867

Holds when

central banks and governments experimenting with digital and cryptocurrencies since 2015

Classification

predictivesupport: arguedsystemic-risk

Related claims

restates kaal:claim:3396522-006 Central bank operated wholesale payment systems are at the end of their technological life cycle, running on l...

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