What is a CBDC? Initiatives in the EU and globally with Igor Mikhalev from EY-Parthenon

Igor Mikhalev is a Partner in Emerging Technologies Strategy at EY-Parthenon, helping clients – commercial and government organizations – develop novel decentralized business models and business ecosystems with blockchain technologies and digital currencies. Igor is collaborating with academia (UvA, MIT) on research projects focused on CBDCs and the macroeconomic impact of the introduction of digital currencies. Igor is also the creator of multiple impactful open source web3 protocols and applications, such as https://cbdctracker.org/, https://blueshift.fi/. Igor holds a Master’s degree in Business Administration and Economics (University of Amsterdam, Netherlands) and a Master’s degree in Software and Automated systems engineering. He is also expected to earn his Ph.D. from UvA (New Venture Performance, Strategy, and Innovation). Presented by Javier de Coca, partner and Head of Global Ecosystem at Token City, the show discusses what central bank digital currencies (CBDCs) are, their typology, how they work, their advantages, applications in developed and developing countries, what interoperability of different currencies of this type would be like and its effect on international trade, and the ECB project and some of the advantages and issues around it.