| Description |
1 online resource (44 pages) |
| Series |
1\ Fintech Notes, 2664-5920 |
|
Fintech Notes; Fintech Notes No 2023/007
|
| Summary |
As central bank digital currency (CBDC) projects progress around the world, there is increased need for a project management methodology that is appropriate for CBDC. This paper develops a CBDC-specific project management methodology that establishes a common terminology and offers guidance to development teams on best practices for addressing the complex requirements and risks associated with CBDC. It is centered on an original five-step approach called the "5P Methodology": preparation, proof-of-concept, prototypes, pilots, and production. The methodology emphasizes a phased approach to CBDC research and development, with strong focus on research preparation, experimentation and testing, risk management, stakeholder engagement, and cyber resilience |
| Notes |
Description based on print version record |
| Form |
Electronic book
|
| Author |
Lannquist, Ashley
|
|
Soderberg, Gabriel
|
|
