CBDCs & Digital Trust: Exploring Design Considerations
Designing Trust in Central Bank Digital Currencies: Privacy, Security, and Public Confidence Author & Compiled: Jerry Joy Abstract This paper explores the critical design considerations influencing public trust in Central Bank Digital Currencies (CBDCs). As digital currencies move from concept to implementation, their success depends on trust — built through robust privacy, security, accessibility, interoperability, and transparency mechanisms. Drawing on global pilot data and institutional studies, this article examines how design decisions shape user confidence and adoption. Findings suggest that citizens’ willingness to adopt CBDCs is directly correlated with the perceived integrity and inclusivity of the system’s design. 1. Introduction Central Bank Digital Currencies (CBDCs) are redefining the architecture of modern money. According to the Bank for International Settlements (BIS, 20...