CENTRAL BANK DIGITAL CURRENCY –A PARADIGM SHIFT IN MONETARY ARCHITECT

Mirza Khidasheli; Teona Grigolashvili

CENTRAL BANK DIGITAL CURRENCY –A PARADIGM SHIFT IN MONETARY ARCHITECT

Author : Mirza Khidasheli, Teona Grigolashvili Journa Name: GLOBALIZATION AND BUSINESS Country : India Volume: 8 issue: 15 Year: 2023 Views : 103

Abstract:

Money was a centre of economic gravity from its inception. It evolved from gold to fiat currency, and now we face a new era of monetary evolution. Every step of development gives him new power to influence society by reaching more and more aspects of social life. With its influence were unknown risks and concerns toward monetary systems flexibility and sustainability.