Book chapter on Taler as sCBDC technology published

The recently published Springer book "Tokenisation of Money: From Fiat Currencies to Stablecoins" includes the chapter "Taler as a synthetic Central Bank Digital Currency" by Christian Grothoff, Mikolai Gütschow and Valentin Seehausen. It discusses the potentials and benefits of GNU Taler as a technological enabler for privately issued CBDCs.

The chapter is published as DOI 10.1007/978-3-032-22946-5_9 and the author's preprint is available here. The abstract reads as follows:

A synthetic Central Bank Digital Currency (sCBDC) is a privately issued payment instrument fully backed by central bank liabilities. GNU Taler is a token-based digital payment system that offers a range of unique features to its users, pairing ease-of-use with payment privacy and informational self- determination. As it is Free Software, any retail bank can easily adopt the technology to create an sCBDC, benefitting from its unique features and low operational costs, while receiving risk-free interest rates from central bank reserves. Our work introduces the concept and contrasts it with related payment instruments.

Tokenisation of Money: From Fiat Currencies to Stablecoins is part of the book series Contributions to Finance and Accounting and targets financial professionals, industry leaders, as well as policy makers and regulators.