Pedalare per migliaia di chilometri nel deserto, attraversare l’Atlantico remando da solo, inoltrarsi nella giungla amazzonica e scalare il vulcano più alto del mondo. Non è la trama di un documentario estremo. È la realtà di Lorenzo Barone, 28 anni, umbro, che si prepara a compiere l’impresa più radicale della sua giovane vita: Project Dust . Ma non si tratta solo di chilometri o fatica. In gioco c’è qualcosa di più profondo: una visione . Barone vuole raccontare fisicamente il ciclo naturale della polvere sahariana , quel fenomeno invisibile in cui le polveri del deserto, spinte dai venti, attraversano l’oceano e fertilizzano l’Amazzonia. Un processo che connette continenti, climi, ecosistemi. E che lui ha deciso di attraversare con il proprio corpo, senza motori, senza scorciatoie, senza sponsor invasivi. La sua forza? La coerenza. Barone viaggia da anni in completa autosufficienza, con mezzi semplici, vivendo l’ambiente senza filtri. Ha già affrontato –50 °C in Siberia, ha a...
Central bank digital currency If industry efforts fall short of developing an innovative and efficient pan-European payment solution, the social need for it could potentially be met by issuing a CBDC. For instance, a CBDC with the status of legal tender could guarantee that all users have, in principle, access to a cheap and easy means of payment. CBDC could also ensure that the general public remain able to use central bank money should cash usage decline. However, cash is still a popular means of payment across the euro area. Signs of a future decline in cash usage could be a catalyst in accelerating central bank efforts in the area of CBDC.
CBDC could also ensure that the general public remain able to use central bank money should cash usage decline. However, cash is still a popular means of payment across the euro area. Signs of a future decline in cash usage could be a catalyst in accelerating central bank efforts in the area of CBDC. The concrete design of CBDC could have far-reaching implications for the financial system that need to be carefully assessed.
CBDC could alter the way in which monetary policy is conducted and transmitted to the real economy. It could also affect the role of the banking sector, credit intermediation and bank funding. The desirable design features for CBDC and its economic and financial implications therefore warrant further analysis.
On this basis, the ECB will continue to analyse CBDC with a view to exploring the benefits of new technologies for European citizens and to be ready to act should the need arise in the future. Prospects of central bank initiatives, however, should neither discourage nor crowd out private market-led solutions for fast and efficient retail payments in the euro area.
READ PAPER AT THIS LINK https://www.linkedin.com/posts/belvedere_innovation-and-its-impact-on-the-europe-retail-activity-6608602617520230400-jItI
CBDC could also ensure that the general public remain able to use central bank money should cash usage decline. However, cash is still a popular means of payment across the euro area. Signs of a future decline in cash usage could be a catalyst in accelerating central bank efforts in the area of CBDC. The concrete design of CBDC could have far-reaching implications for the financial system that need to be carefully assessed.
CBDC could alter the way in which monetary policy is conducted and transmitted to the real economy. It could also affect the role of the banking sector, credit intermediation and bank funding. The desirable design features for CBDC and its economic and financial implications therefore warrant further analysis.
On this basis, the ECB will continue to analyse CBDC with a view to exploring the benefits of new technologies for European citizens and to be ready to act should the need arise in the future. Prospects of central bank initiatives, however, should neither discourage nor crowd out private market-led solutions for fast and efficient retail payments in the euro area.
READ PAPER AT THIS LINK https://www.linkedin.com/posts/belvedere_innovation-and-its-impact-on-the-europe-retail-activity-6608602617520230400-jItI