3 ms·
Hmmm... quote, > The basic concept for e-krona is as follows: it would be digital, and have a 1-to-1 conversion with an ordinary krona held in an account at th
by fernly 8y ago
Hmmm... quote,
> The basic concept for e-krona is as follows: it would be digital, and have a 1-to-1 conversion with an ordinary krona held in an account at the Riksbank or stored locally, for example on a card or in a mobile phone app.
> The technology to build a functioning e-krona is already available today. It is not dependent on using distributed ledger technology and it is not to be confused with cryptocurrencies.
I'd like to know what this available technology is, that can create a digital object that guarantees a 1:1 correspondence to a physical asset, cannot be duplicated or multiple-spent. Has Sweden discovered the un-copy-able bit?
- msvan 8y agoHow about a database on a server owned by the Riksbank?
- Immortalin 8y agoBanks, Visa, PayPal, pretty much most in-game currencies, as long as your maintain control over the data storage and deny access to malicious actors there is no reason why a traditional DB system would not work.
- CydeWeys 8y agoCentral ledgers long predate blockchains and are widely used, i.e. by all banks. The only 'novelty' here is that it'd be run by the central bank and accessed directly by consumers.
- alkonaut 8y agoYou can get anonymous spending (the benefit of cash) only with a distributed ledger. A centralized ledger would just be regular debit cards but would bypass the banks/visa/mastercard. It offers the benefit of non-cash (no physical currency) but not the benefits of cash (anonymity). I hope we can get the benefit of both. My money stored on a card or gadget in my pocket instead of printed, but also chargeable through atms or internet banks so that the spending is anonymous.