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+is+a+novel+form+of+money+that+could+be+issued+and+regulated+by+central+banks%252C+offering+benefits+such+as+programmability%252C+security%252C+and+privacy.+However%252C+the+design+of+a+CBDC+system+presents+numerous+technical+and+social+challenges.+This+paper+presents+the+design+and+prototype+of+a+non-custodial+wallet%252C+a+device+that+enables+users+to+store+and+spend+CBDC+in+various+contexts.+To+address+the+challenges+of+designing+a+CBDC+system%252C+we+conducted+a+series+of+workshops+with+internal+and+external+stakeholders%252C+using+methods+such+as+storytelling%252C+metaphors%252C+and+provotypes+to+communicate+CBDC+concepts%252C+elicit+user+feedback+and+critique%252C+and+incorporate+normative+values+into+the+technical+design.+We+derived+basic+guidelines+for+designing+CBDC+systems+that+balance+technical+and+social+aspects%252C+and+reflect+user+needs+and+values.+Our+paper+contributes+to+the+CBDC+discourse+by+demonstrating+a+practical+example+of+how+CBDC+could+be+used+in+everyday+life+and+by+highlighting+the+importance+of+a+user-centred+approach.&cdnurl=https%3a%2f%2fth.bing.com%2fth%2fid%2fR.8610dcd92de3e8731a8f69e9ed245d87%3frik%3dqroEzVlXz6CYEA%26pid%3dImgRaw%26r%3d0&exph=630&expw=1200&q=Technical+Challenges+of+Creating+and+Maintaining+a+Decentralized+Digital+Currency&FORM=IRPRST&ck=D8BE300A85EDEF07975BF3BA2406D6E9&selectedIndex=11&itb=0)
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Top suggestions for Technical Challenges of Creating and Maintaining a Decentralized Digital Currency |
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