Like what you hear You can tip us here https startupradio captivate fm supportExecutive SummaryIn this episode our guest Kimmo discusses the concept and potential of Central Bank Digital Currencies CBDCs in part two of our series We highlight the need for government control of the monetary system and the risks posed by private currencies We explore various use cases and mechanisms that can encourage the adoption and success of CBDCs including simplifying cross-border transactions and optimizing liquidity We also dive into the idea of purpose-bound money and the importance of simplicity and convenience in utilizing CBDCs As always we emphasize the role of entrepreneurs in developing new use cases and analyzing consumer behavior to drive CBDC adoption Analytical approaches and network analysis play a crucial role in this process The Potential of Programmable Money I think these new use cases and thinking about new use cases of programmable money for example is definitely something that I think there ll be loads of different opportunities for companies to start to provide new ideas new services to people Kimmo Soram kiSubscribe Herehttps linktr ee startupradioThe Importance of CBDC for Financial Stability But the crypto showed that hey Actually you can run this in a distributed multi multi-asset international environment relatively smoothly So I think that was an enabler for the conversation Kimmo Soram kiThree Key Developments in CBDC in The Last nbsp YearWe had our last update with Kimmo almost a year ago and since there have been three important developments 1 CBDC does not have to be on blockchain anymore the discussion has shifted to other cryptographic means 2 The conversation has also shifted to tokenization for bank deposits and inter-bank lending for Central Bank Digital Currencies3 CBDCs have been launched in other countries especially in China We do not see a large-scale adoption there yet since there is a real use case missing Central Bank Digital Currencies In many countries the driver has of course also been like in the Euro system or in China the sovereign control of money So if you think of emperors they always wanted to put their heads on the coins So like that s been a goal of the government or an objective for a long time to have control of the monetary system Kimmo Soram kiQuestions Discussed In This Interview How successful do you think the speaker s experiment of living a cashless life has been so far Do you believe that Central Bank Digital Currencies CBDCs will become widely adopted in the future Why or why not What are some potential advantages of using CBDCs over traditional payment methods like cash or credit cards How do you think purpose-bound money could simplify consumers lives and improve payment processes What are some potential use cases for CBDCs that have not yet been explored by entrepreneurs in the fintech industry How can CBDCs help drive financial inclusion especially in countries with large unbanked populations What role do you think consumer behavior and payment networks play in the adoption of CBDCs How might the integration of distributed ledger technology DLT or other cryptographic methods impact the success of CBDCs What are some potential challenges that central banks and governments may face in implementing CBDCs How can network analysis and modeling of consumer behavior help guide the successful adoption of CBDCs The Future of Central Bank Digital Currency Click here to visit this podcast episode
Listen to our podcast on podcasting success!
- With Jeremy Fisher From This Is A Voice Podcast | S3 E19
- Fortune Cookie Readings For The 20 Most Active Podcasters On The World Podcast Network!!! S3 E18
- The RIGHT Social Network For Your Podcast | S3 E17
- Does Your Podcast Have TOO Many Guests With Shari Post? S3 E16
- How Podcasters Can Succeed By Following Hulu's Strategy | S3 E15
- Guest Jodi Krangle Of The Audio Branding Podcast And The Podsafe Music Of Jess King | S3 E14 | Become A Successful Podcaster
- Podcast Guest Steve Guttman And The Podsafe Music Of Zaneta Z
- Podcaster Journey With Rapper And Podcaster Pryme Minister
- S3 E11: Dissecting Cast Magic's Output With Guest Greg Wasserman
- S3 E10 Successful Podcasters: Reena Friedman Watts Of The Better Call Daddy Podcast
- S3 E9 Why Podcasters Need Canva For Podcast Marketing
- S3 E8 How Does AI Define Podcasting And What Equipment Does AI Think You Need To Podcast?
- S3 E7 - Why Your Podcast Is Not Growing Fast Enough
- S3E6 - Podsafe Music 4th Of July With Shari
- S3 E5 - Does Your Podcast Need A Script?
- S3 E4 - Is SoundCloud Really A Good Platform For Podcasts? Should You Be On It?
- S3 E3 - How To Make Good Money Playing Podsafe Music On Your Podcast
- S3 E2 - Jay Fairbrother - Mastermind Groups For Podcasters Featuring The Music Of Lian Gold
- Why Are There So Many Podcasters Today? The Competition Out There And How To Survive. | S3 E1
- Meet Podcast Guest JoshPele Magic - Available Now As A Guest For All Podcasts | S2 E29
- Season 2 Bloopers, Funny Moments, & Inspiration Moments In 2022 With Co-Hosts And Guests
- What Are YOUR 2023 Goals For Your Podcast? Here Are Mine... | S2 E28
- The Reasons Your Podcast Needs A Holiday Episode | S2E27
- S2 E26 - Dave Jackson From The School Of Podcasting Tells What A Good Podcast Is
- S2E25 - Quora Marketing Basics For Your Podcast
- S2E24 - 7 Reasons Why There Are So Many Podcasters And How To Compete
- S2E23 - Secrets To Getting More Podcast Downloads
- S2E21 - 10 Ways To Make Your Podcast Episodes More Exciting For Your Audience
- S2E20 - Response To 2018 Episode On Podcast Network On School Of Podcasting
- S2 E19 I Listened To 1000 Podcast Episodes (Part 2) Here Is What The Most Successful Ones Do.
- S2 E18 - What Inspired YOU To Become A Podcaster?
- S2E17 - 7 Cool Ways To Make Your Audience Come Back Every Episode
- S2E16 - 3 Surprising Ways A Blog Will Grow Your Audience FAST!
- S2E15 - Simple 3-Part Marketing Strategy For Any Podcast
- S2E14 - Take Your Audience Along On The Date
- S2E13 Is Your Podcast More Successful With Seasons, Or NO Seasons?
- S2E12 - The Fastest Way To LAUNCH Your Podcast
- S2E11 - The FASTEST Way To Edit Your Podcast
- S2E10 -How To Get High Google Rankings For Your Podcast
- S2E9 - Would Elon Musk Invest In YOUR Podcast?
- S2E8 - The Most Sought Out Podcast Categories Summer 2022
- S2E7 - How To Improve Your Podcast By Listening To Others
- S2E5 - Fresh Music Series With Hugh Macdonald & Holland Nelson And Melo Mafioso
- S2E4 - Fastest Way To Make Money Summer 2022
- S2 E3 - Monthly Podsafe Music Show For Your Podcast - 5 Songs From Singer/Songwriter Doug Cash
- S2 E2 - Monthly Podsafe Music Show With Doug Cash, Winchester 7, And Bruce Chamoff
- S2E1 - Monthly Music Show With Winchester 7 And The Runners
- EP51 - The Right Way To List Your Podcast Guests
- EP50 - Running Out Of Episode Ideas? How To Brainstorm Fast!
- EP49 - How To Become An Influencer Through Your Podcast
- EP48 - Vik Rajan Of PhoneBlogger.net And Https://videosocials.net/
- E47: Rob Intellisano Of The Amazon Hit Gravesend
- EP46 - How To Build A Podcast Community With Adrian Miller
- EP45 - Easy & Fun Podcast Editing Tips W/Professional Podcast Editor Merrill Loechner
- EP44 - Marketing Your Show On LinkedIn With Marc Halpert
- EP43 - Benefits Of A Podcast Network With Guest Rich Butler
- E42 - What Makes You Successful With Guest Tim B
- EP41 - The Best Instagram Hashtags For Podcasts
- E40 - More Benefits Of Podcasters Blogging W/ The Delaware Blogger Guest Antionette Blake
- EP39 - Why Podcasters Need A Mobile App With Guest John Lee
- E38 What Makes YOUR Podcast Successful With Guest Frank Sasso
- E37 - Facebook/Instagram Down? What Affected Podcasters Can Do.
- E36 - How To Make Single-Host Podcasts Work
- E34 Q&A With Professor Pete Alexander: My Audience Has Dropped! Now What?
- E33: Upcoming Episodes For September And October 2021
- E32 Blogging For Podcasters - The Process
- E31 Why Blogs Make Your Podcast MORE Successful
- E30 The POWER Of Your Podcast's RSS Feed (Video)
- E29 - Subscribe To Your Podcast Competition?
- E28 PodcasterLinks.com And MediaGirlNetwork.com
- E27 Successfully Podcasting With Your Smart Phone
- Daily Podcast Success Update For 9/2/2021
- E26 Best Time To Monetize Your Podcast
- E25 Can You Podcast From The Airport? From Las Vegas...
- E24 Treat Your Podcast Like A Lobster Roll
- E22 Do Guests Really Enhance Your Show?
- Daily Success Update:Education Podcasts Wed, Aug 11, 2021
- E21 Connecting With Your Podcast Audience To Grow Faster
- Daily Success Briefing Fri, Aug 8, 2021
- E20 Search Engine Optimization Strategies For Your Podcast
- E19 Podcasting During The Delta Variant Of Covid19
- E17 How To Beat The Competition On Apple Podcasts
- E16 Rapid Podcast Editing & Avoiding Pod Fade
- E14 Dual Podcast With Guest Podcaster Antionette Blake Part 2
- E13 Dual Podcast With Guest Podcaster Antionette Blake Part 1
- E12 How To Get More Engagement For Your Podcast Episodes With Guest Interviews
- E11 My Special Guests: Jeff And Jim Wood Of SwimAble
- E10 Surprise Visit To Philadelphia And Atlantic City
- E9: Special Guest Dominique Carson Journalist & Certified Massage Therapist
- E8: 8 Fun Audacity Effects For Podcasters
- PodKnow 2021 Online Podcasting Event With Conference Speaker: Merrill Loechner
- E5: I Listened To Over 1,000 Podcast Episodes And Here Is What I Found The Best Ones Do.
- E4 - Buzzsprout Was Down On Sunday, Feb 21, 2021. What That Means For YOUR Podcast. My Reaction...
- E3: Five Things To Do Right Now To Grow Your Podcast Audience Fast.
- E2 - Should Podcasts Have Beautifully Produced Introductions With Voiceover And Background Music (and What Your Audience Thinks Of It)
- E1 - Become A Successful Podcaster - Keep Listeners On Your Podcast Episodes Longer
- Become A Successful Podcaster With Bruce Chamoff - Audience Growth, Monetization, Marketing & More! (Trailer)