Project Tourbillon: exploring privacy, security and scalability for CBDCs

From bis.org Watch this video at https://www.cryptocraft.com/news/1254981-project-tourbillon-exploring-privacy-security-and-scalability-for.

The use of cash is declining worldwide as digital payments continue to grow. Over the past decade, the number of cashless payments has grown annually at 16%, with over 1 trillion transactions in CPMI countries alone. Amid this development, concerns are being raised about the potential erosion of privacy. Unsurprisingly, public consultations by central banks on retail central bank digital currencies (CBDCs) show that privacy is a fundamental user requirement.