For several months now, the European Central Bank has been expressing its willingness to make progress on the subject of a crypto euro potential. The latter has just published the details of a proof of concept for a prototype crypto-euro
This cryptomonnaise would be issued by the European Central Bank. The ECB could issue and destroy the tokens in question. It would also keep a complete overview of the life course of each tokenised euro.
Third party organizations will be responsible for ensuring the status of the accounts, on a partially distributed registry model mounted on Corda
https://cutt.ly/2rwp2F4A third actor, the anti-money laundering authority, will have to ensure the compliance of money transfers involving large amounts of money.
"This authority verifies the identity of users involved in high-value transactions and prevents CBDC from being transferred to embargoed users. »
Protection of privacy
The notion of "anonymous transactions" is then discussed, but it is in fact a question of successfully reconciling the digital identities of token holders (represented by pseudonyms) and the possibility for the authorities to identify these holders by name.
"The emphasis is on protecting the privacy of users for low-value transactions. The question is[where to place the cursor to] allow a certain degree of privacy in electronic payments, while ensuring compliance with anti-money laundering and anti-terrorist financing regulations. »
In addition to this, each user would be given a fixed number of "anonymous coupons" on a monthly basis. These coupons could be used to avoid disclosing information to different intermediaries.
