4.0 Common Elements

OMG Responses to Federal Reserve Discussion Paper

During a preliminary evaluation of the Questions given in the White Paper, there were some recurring topics that were addressed independently of the questions and the content is referenced in the formulations of OMG answers.

10_cash - is a model representing the CBDC using cash (i.e., coins, \$1, \$2, \$5, \$10, \$20, \$50 and \$100 bills)) as the basis of the CBDC15_accounts - is a model that represents the CBDC in using digital accounts (i.e, Savings, Checking, Investment, Direct Pay, Credit Cards, Debit Cards, etc.)30_stablecoins - is a currency model tying a cryptocurrency to a real world asset such as a fiat currency, gold, indexed funds. etc.