The Future of Block Chain 15 Feb
We are pleased to inform you about the lecture “Banking, blockchain and e-cny in 2022” organized by RsA Asia and the EBA program which will be held on February 15th, 2022.
Central bank digital currencies (CBDC) are digital tokens issued by central banks. In a way, they are the digital version of cash; their value is guaranteed by a central bank. Unlike money held in credit cards and mobile wallets, CBDCs are not a mere representation of physical money stored elsewhere. Instead, they are a complete replacement for currency notes. While several countries are developing their digital currencies, China is well positioned to take the lead with the digital yuan. This lecture highlights ways in which China can use its digital yuan to internationalize the renminbi (CNY) and gradually chip away at the hegemony of the dollar.
Understand the new rules of global trading with CBDCs
Explain the future trends and industry highlights after COVID19
Impact of significant changes in global trading: increase of raw material prices, shortage of supply chain networks, variations in logistics costs, etc
Study the global financial system in the new world order under CBDC
Old players VS new comers: Banks vs Fintech
Impact of the new technologies in the banking and fintech industries: IoT, AI, etc
Bretton woods 2.0
Conclusions and Q&A
The Global Executive of Business Administration (EBA), a course supported by RsA asia, has been designed to provide professionals with a thorough understanding of how to conduct business in China. The course offers candidates practical know how and expertise in multiple disciplines, with a focus on finance and taxation, and aims to provide concrete knowledge and case studies which will prepare students for the challenges of doing business in China.
Zoom / On Campus
15 February, 19:00-21:00 China time