What is it about?
Keeping today's ways of payment updated without forgetting that stability of financial systems still relies (also) on "physical" instruments like banknotes and coins is a challenging task. Therefore, we aim at presenting which aspects of "modern" ways of paying could be beneficial to the society as a whole highlighting those, which could be in turn dangerous for financial stability itself.
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This page is a summary of: From cash to central bank digital currencies and cryptocurrencies: a balancing act between modernity and monetary stability, International Journal of Operations & Production Management, June 2020, Emerald,
DOI: 10.1108/jes-07-2019-0311.
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