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      4 <h1>Book chapter on Taler as sCBDC technology published</h1>
      5 <br/>
      6 <p>The recently published Springer book "Tokenisation of Money: From Fiat Currencies to Stablecoins" includes the chapter "Taler as a synthetic Central Bank Digital Currency" by Christian Grothoff, Mikolai Gütschow and Valentin Seehausen.
      7 It discusses the potentials and benefits of GNU Taler as a technological enabler for privately issued CBDCs.</p>
      8 
      9 <p>The chapter is published as <a href="https://doi.org/10.1007/978-3-032-22946-5_9">DOI 10.1007/978-3-032-22946-5_9</a> and the author's preprint is available <a href="/papers/euro-bearer-online-2021.pdf">here</a>. The abstract reads as follows:</p>
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     11 <p style="margin: 2em;">
     12 A synthetic Central Bank Digital Currency (sCBDC) is a privately issued
     13 payment instrument fully backed by central bank liabilities. GNU Taler is
     14 a token-based digital payment system that offers a range of unique features
     15 to its users, pairing ease-of-use with payment privacy and informational self-
     16 determination. As it is Free Software, any retail bank can easily adopt the
     17 technology to create an sCBDC, benefitting from its unique features and low
     18 operational costs, while receiving risk-free interest rates from central bank
     19 reserves. Our work introduces the concept and contrasts it with related payment
     20 instruments.
     21 </p>
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     23 <p><a href="https://doi.org/10.1007/978-3-032-22946-5">Tokenisation of Money: From Fiat Currencies to Stablecoins</a> is part of the book series <a href="https://link.springer.com/series/16616">Contributions to Finance and Accounting</a> and targets financial professionals, industry leaders, as well as policy makers and regulators.</p>
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