David Yarmack on Blockchains and Central Bank Digital Currency (Part 3 of 3)

Published on July 8, 2017 by

Will governments start using central banks to issuing sovereign currency on blockchains? And if so, will that be the end of the fractional reserve banking system? David Yermack, the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business, discusses the implications of blockchain technology on central banking.


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