{"id":94450,"date":"2021-02-28T18:50:23","date_gmt":"2021-02-28T18:50:23","guid":{"rendered":"https:\/\/swissfederalism.ch\/dalla-svizzera-la-suggestiva-proposta-per-un-euro-digitale\/"},"modified":"2021-06-20T20:46:54","modified_gmt":"2021-06-20T20:46:54","slug":"from-switzerland-the-suggestive-proposal-for-a-digital-euro","status":"publish","type":"post","link":"https:\/\/swissfederalism.ch\/en\/from-switzerland-the-suggestive-proposal-for-a-digital-euro\/","title":{"rendered":"From Switzerland the suggestive proposal for a “digital euro”"},"content":{"rendered":"

From Switzerland the suggestive proposal for a “digital euro”<\/h1>\n

A non-physical currency devised for the ECB by Christian Grothoff, a computer scientist from Bern, David Chaum, an American cryptographer, and Thomas Moser, director of the SNB<\/em><\/h3>\n

A scientific article published at the end of January 2021 took on the task of describing how central banks could issue a secure digital currency in the future.
\nThe approach described meets the main requirements set by the European Central Bank (ECB) for the future of the digital euro.<\/p>\n

\u2018How to issue a central bank digital currency\u2019 by David Chaum, Christian Grothoff and Thomas Moser<\/a><\/strong><\/p>\n

Christian Grothoff, professor of computer science at the Bern BFH University of Applied Sciences, is one of the co-authors of the paper.
\nEmerging or already widespread digital currencies, such as Bitcoin, present national institutions with a crucial decision: should they offer digital alternatives to cash or should they leave them to private individuals? How should the Frankfurt-based institution legislate?<\/p>\n

\"Il
The logo of the Bern University of Applied Sciences<\/figcaption><\/figure>\n

The focus is on technical development, not politics<\/h3>\n

In a recently published scholarly essay by six hands, Bernese chair David Chaum, an American cryptographer, and Thomas Moser, an Assistant Member of the Governing Board of the Swiss National Bank (SNB), in fact examined the issue of digital currencies issued by central banks.
\nThe authors do not address the question of whether or not a state institution should issue an electronic currency. “Our article shows how a national or supranational central bank can technically implement it,” Christian Grothoff explained.<\/p>\n