cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start
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cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start [2022/05/17 20:34] nick |
cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start [2022/06/17 17:57] (current) terrance |
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| | [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:start| Return to Currency Models]] | <WRAP> | | [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:start| Return to Currency Models]] | <WRAP> | ||
| <html><b> | <html><b> | ||
| - | <a href="mailto:[email protected]?Subject=OMG CBDC Response: | + | <a href="mailto:[email protected]?Subject=OMG's CBDC WG Response: |
| 4.2.2 Digital Account Model | 4.2.2 Digital Account Model | ||
| Line 24: | Line 24: | ||
| <figure> | <figure> | ||
| - | {{ cbdc:private:cbdc_omg:04_doc:40_currencies:hypecurve.png?600 |}} | + | {{ cbdc:04_doc:40_currencies:hypecurve.png?600 |}} |
| - | {{ cbdc:private:cbdc_omg:04_doc:40_currencies:hypecurve_detail.png?600 |}} | + | {{ cbdc:04_doc:40_currencies:hypecurve_detail.png?600 |}} |
| <caption>Gartner Group Hype Cycle </caption> | <caption>Gartner Group Hype Cycle </caption> | ||
| </figure> | </figure> | ||
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| <figure transactionActFlow> | <figure transactionActFlow> | ||
| - | {{ cbdc:private:cbdc_omg:04_doc:40_currencies:screen_shot_2022-03-11_at_5.14.25_pm.png?950 |}} | + | {{ cbdc:04_doc:40_currencies:screen_shot_2022-03-11_at_5.14.25_pm.png?950 |}} |
| <caption>Simplified Digital Account Flow</caption> | <caption>Simplified Digital Account Flow</caption> | ||
| </figure> | </figure> | ||
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| [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start| Return to Top]] | [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start| Return to Top]] | ||
| - | There are three categories of "desirements" alluded to in the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:private:cbdc_omg:15_summary:start&do=edit | White Paper]] and identified within the [[https://www.omg.org/ | Object Management Group ]] [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:private:cbdc_omg:15_summary:start | White Paper Analysis]]: | + | There are three categories of "desirements" alluded to in the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:15_summary:start&do=edit | White Paper]] and identified within the [[https://www.omg.org/ | Object Management Group ]] [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:15_summary:start | White Paper Analysis]]: |
| * **Digital Cash Model** - these are "desirements" with CBDC characteristics most closely aligned with the simple coin cash model | * **Digital Cash Model** - these are "desirements" with CBDC characteristics most closely aligned with the simple coin cash model | ||
| Line 119: | Line 119: | ||
| * **Research Areas** - these are "desirements" with CBDC characteristics most closely aligned with "research" models such as [[cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start| Stablecoins]] | * **Research Areas** - these are "desirements" with CBDC characteristics most closely aligned with "research" models such as [[cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start| Stablecoins]] | ||
| - | In this discussion, only the "desirements" identified during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:private:cbdc_omg:15_summary:start | White Paper Analysis]] are considered. Table {{ref>AccountReqiurements}} represents the allocation of "desirements" germane to the Digital Account Model. | + | In this discussion, only the "desirements" identified during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:15_summary:start | White Paper Analysis]] are considered. Table {{ref>AccountReqiurements}} represents the allocation of "desirements" germane to the Digital Account Model. |
| <table AccountReqiurements> | <table AccountReqiurements> | ||
| - | <caption>Example of mapping a subset of "desirements" identified during the White Paper Analysis conducted by the OMG</caption> | + | <caption>Example of mapping a subset of "desirements" identified during the White Paper Analysis conducted by the OMG's CBDC WG</caption> |
| ^ Topic ^ Desirements ^ | ^ Topic ^ Desirements ^ | ||
| ^ Digital Account Model | <WRAP> | ^ Digital Account Model | <WRAP> | ||
| Line 131: | Line 131: | ||
| : D: D0001, D0002, D0003, D0005, D0008, D0010, D0012, D0013, | : D: D0001, D0002, D0003, D0005, D0008, D0010, D0012, D0013, | ||
| </WRAP>| | </WRAP>| | ||
| - | | **''B''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#benefits| Benefit Considerations ]] ||| | + | | **''B''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#benefit_considerations| Benefit Considerations ]] ||| |
| | **''P''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#policy_considerations| Policy Considerations]] ||| | | **''P''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#policy_considerations| Policy Considerations]] ||| | ||
| - | | **''R''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#risks| Risk Considerations ]] ||| | + | | **''R''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#risk_considerations| Risk Considerations ]] ||| |
| - | | **''D''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#design| Design Considerations]] ||| | + | | **''D''** = [[cbdc:public:cbdc_omg:04_doc:12_summary:start#design_considerations | Design Considerations]] ||| |
| </table> | </table> | ||
| Line 141: | Line 141: | ||
| [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start| Return to Top]] | [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:15_accounts:start| Return to Top]] | ||
| - | Table {{ref>accountReqComments}} provides a summary of using a [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:10_cash:start| Digital Account Model]] instead of a Digital Cash or Stablecoin Models. Many of the OMG identified "desirements" found in the [[https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf | Money, and Payments: The U.S. Dollar in the Age of Digital Transformation]] **White Paper** during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:private:cbdc_omg:15_summary:start | White Paper Analysis]] appear to be appropriate for a CBDC **"Account Model"**. The **"Account Model"** uses Digital Money in an analogous model as Accounts for CBDC. For example, the "desirements" **''B0005''**, which is a requirement to //"Protect against criminal activity| In this context, criminal activity is either Money Laundering or Fraud. Fraud is an intentionally deceptive action designed to provide the perpetrator with an unlawful gain or to deny a right to a victim. Types of fraud include tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud. Fraudulent activity can be carried out by one individual, multiple individuals, or a business firm as a whole"//, is easily associated with **Accounts**. | + | Table {{ref>accountReqComments}} provides a summary of using a [[cbdc:public:cbdc_omg:04_doc:15_common:08_currency_models:10_cash:start| Digital Account Model]] instead of a Digital Cash or Stablecoin Models. Many of the OMG identified "desirements" found in the [[https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf | Money, and Payments: The U.S. Dollar in the Age of Digital Transformation]] **White Paper** during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:15_summary:start | White Paper Analysis]] appear to be appropriate for a CBDC **"Account Model"**. The **"Account Model"** uses Digital Money in an analogous model as Accounts for CBDC. For example, the "desirements" **''B0005''**, which is a requirement to //"Protect against criminal activity| In this context, criminal activity is either Money Laundering or Fraud. Fraud is an intentionally deceptive action designed to provide the perpetrator with an unlawful gain or to deny a right to a victim. Types of fraud include tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud. Fraudulent activity can be carried out by one individual, multiple individuals, or a business firm as a whole"//, is easily associated with **Accounts**. |
| <table accountReqComments> | <table accountReqComments> | ||
cbdc/public/cbdc_omg/04_doc/15_common/08_currency_models/15_accounts/start.1652834051.txt.gz · Last modified: 2022/05/17 20:34 by nick
