Dr Kimmo Soramäki and Dr Carlos León joined host Will Towning to explain how central banks, commercial banks and other organisations can use simulation technology to understand the impacts of introducing a CBDC? The presentations covered:
A brief introduction to simulating payment systems
The advantages of using an agent-based model for modelling complex adaptive systems
FNA’s model for simulating CBDCs
How FNA’s simulator works and how it can help organisations understand the impacts of introducing a CBDC
The presentations also include a brief demonstration of the CBDC Simulator.
