The Tasks:
Create a slide deck presentation and an accompanying write-up, which should indicate the following information:
1- An outline of how the digital dollar will impact your company and the financial services industry.
2- An analysis of the risks, costs and benefits involved.
3- A recommendation for steps your company should take to prepare for a potential launch.
Additionals:
– How might a CBDC affect the financial sector differently from stable coins or other nonbank money?
– What tools could your company use to mitigate adverse impacts of a CBDC on the financial sector? Could these tools diminish the CBDC’s potential benefits?
– Which processes can be streamlined through the use of a digital dollar? Which products and services will cease to exist?
– What are the risks of not implementing a digital dollar in the near future
– What are single points of failure for a potential implementation of a digital dollar?