This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision Next revision | Previous revision | ||
|
cbdc:public:cbdc_omg:start [2022/06/17 16:13] terrance |
cbdc:public:cbdc_omg:start [2022/06/17 22:17] (current) terrance |
||
|---|---|---|---|
| Line 1: | Line 1: | ||
| - | ====== OMG's Response to Federal Reserve Discussion Paper ====== | + | ====== OMG's CBDC Working Group's Response to Federal Reserve Discussion Paper ====== |
| - | [[cbdc:public:cbdc_omg:04_doc:start| View this document in the WIKI]] OR **Download** the {{ {{ :cbdc:public:cbdc_omg:omg_responses_to_federal_reserve_questions.pdf | OMG Responses to Federal Reserve Questions.pdf}}}} | + | [[cbdc:public:cbdc_omg:04_doc:start| View this document in the WIKI]] OR **Download** the {{ :cbdc:public:cbdc_omg:omg_cbdc_wg_responses_to_federal_reserve_questions.pdf | OMG CBDC WG Responses to Federal Reserve Questions.pdf}} |
| {{ :cbdc:public:cbdc_omg:00_front:screen_shot_2022-03-25_at_3.52.07_pm.png?300 |}} | {{ :cbdc:public:cbdc_omg:00_front:screen_shot_2022-03-25_at_3.52.07_pm.png?300 |}} | ||
| <html> | <html> | ||
| <center style="font-size:35px"> | <center style="font-size:35px"> | ||
| - | <b>Object Management Group® (OMG®) Response to The US Federal Reserve's</b> | + | <b>Object Management Group's® (OMG®) CBDC Working Group's Response to The US Federal Reserve's</b> |
| </center> | </center> | ||
| <br> | <br> | ||
| Line 29: | Line 29: | ||
| <center style="font-size:10px"> | <center style="font-size:10px"> | ||
| <b><i>Jackrabbit Consulting</i></b> | <b><i>Jackrabbit Consulting</i></b> | ||
| - | </center> | ||
| - | <center style="font-size:12px"> | ||
| - | Steven MacLaird <br/> | ||
| - | Terrance Milligan | ||
| - | </center> | ||
| - | <center style="font-size:10px"> | ||
| - | <b><i>Object Management Group (OMG)</i></b> | ||
| </center> | </center> | ||
| Line 43: | Line 36: | ||
| ===== Abstract ===== | ===== Abstract ===== | ||
| - | //The members of the [[https://www.omg.org/ | Object Management Group (OMG)]] have produced a single response to the Federal Reserves White Paper "[[https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf | Money, and Payments: The U.S. Dollar in the Age of Digital Transformation]]". The White Paper was divided into two main sections: Discussion of a Central Bank Digital Currency (CBDC), and specific questions about the potential of a U.S. CBDC. The questions were further categorized into two main areas: CBDC Benefits, Risks, and Policy Considerations; and CBDC Design Considerations. The OMG response was written as a series of small sections using a WIKI and then printed as a PDF for submission back to the Federal Reserve. After the submission to the Federal Reserve, the contents of the WIKI are publicly available on the Internet. In order to relate the two sections, the OMG first [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:04_doc:12_summary:start | analyzed the Discussion portion of the White Paper for "Desirements"]] (the white paper was not written as a requirements document, therefore the use of the term "Desirements"(( | + | //Members of the [[https://www.omg.org/ | Object Management Group's (OMG)]] CBDC Working Group (WG) have produced a response to the Federal Reserve's White Paper "[[https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf | Money, and Payments: The U.S. Dollar in the Age of Digital Transformation]]". The White Paper was divided into two main sections: Discussion of a Central Bank Digital Currency (CBDC), and specific questions about the potential of a U.S. CBDC. The questions were further categorized into two main areas: CBDC Benefits, Risks, and Policy Considerations; and CBDC Design Considerations. The OMG's CBDC WG's response was written as a series of small sections using a Wiki and then printed as a PDF for submission back to the Federal Reserve. After the submission to the Federal Reserve, the contents of the Wiki are publicly available on the Internet. In order to relate the two sections, the OMG's CBDC WG first [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:04_doc:12_summary:start | analyzed the Discussion portion of the White Paper for "Desirements"]] (the white paper was not written as a requirements document, therefore the use of the term "Desirements"(( |
| **Desirement** is a blended word combining the word **Desire** and **Requirement**. **Desirement** is something that is desired, but not absolutely required and is often used to caption the capabilities of a product or system before it has reached the formal requirements phase. | **Desirement** is a blended word combining the word **Desire** and **Requirement**. **Desirement** is something that is desired, but not absolutely required and is often used to caption the capabilities of a product or system before it has reached the formal requirements phase. | ||
| Source: [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:d:desirement | Desirement]] | Source: [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:d:desirement | Desirement]] | ||