Predicting the future of digital currency
A recent survey found that Canada has the most cashless economy in the world, with most consumers using the credit card system. Professor Katrin Tinn joined CTV News Montreal to share her insights on the potential for the Bank of Canada to approve other forms of digital currencies, such as Bitcoin.
The pros and cons of digital currency
Professor Katrin Tinn weighs in on the ongoing debate about the sustainability of digital currency in Canada. In her view, consumers would benefit from a more up-to-date understanding of their spending habits, and the lending process could be streamlined. But the picture isn鈥檛 entirely rosy. Adopting digital currencies presents an inevitable security risk.
Building the digital currency space
Professor Katrin Tinn is at the forefront of the effort to reimagine Canada鈥檚 monetary backing system.
With the right innovations in central bank digital currencies, she believes, everything from paying taxes to earning income as an independent artist could become more reliable and more efficient.
Professor Katrin Tinn proposes unique design for digital currency
Professor Katrin Tinn recently teamed up with Professor Christophe Dubach from the Faculty of Engineering to propose a new design for the Bank of Canada鈥檚 digital currency. By protecting the identity and transactions of individual spenders, their design would address ongoing privacy and compliance concerns with Central Bank digital currency (CBDC).
