# kaal:claim:3808867-040

**Claim.** 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.

**Type.** predictive  **Support.** argued

**Holds when.**

- central banks and governments experimenting with digital and cryptocurrencies since 2015

**Source quote.**

> 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, page 19

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

**Verify.** sha256 of source PDF `eeccf6d0587bd278a96ce6ac8ec5003e26d161c245f6c94b4144d84f374802eb` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20How%20Decentralized%20Systems%20Can%20Upgrade%20AI.pdf

**Topics.** systemic-risk

**Keywords.** central-banks, cbdc, payment-systems, digital-currency

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3396522-006

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.