Computers, Privacy & the Constitution

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AlberthaDewandariFirstPaper 6 - 27 Apr 2022 - Main.AlberthaDewandari
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The Role of Digital ID in the Implementation of Central Bank Digital Currency

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Conclusion

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<		Having a functioning digital ID scheme for the provision of financial services already in place, like the LEI codes, could be an incentive to adopt a wholesale CBDC model that leverages an existing and .
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>		Having a functioning digital ID scheme for the provision of financial services already in place, like the LEI codes, could be an incentive to adopt a wholesale CBDC model that leverages an existing and extensive network of a global institution. On the other hand, introducing a retail CBDC paired with a digital ID scheme, like MyInfo? , to promote financial inclusion on a large scale may represent an opportunity to boost digitalization efforts. The Federal Reserve may also consider to incorporate or combine the digital ID scheme for CBDC with SSN or number of state-issued ID.
 
You cite not one shred of authority for the proposition that any international legal obligation constrains how states organize their payment systems. If this is to be the point of the essay then you must present some evidence in support of a proposition that appears facially untrue.

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