Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System, BIS’ Hyun Song Shin Says

“I think the actual choice of technology will really have to be decided for that particular use case,” Shin said at a Monday press briefing on the report. “It could be decentralized, like in a permissioned blockchain, but it doesn’t have to be. It could be a centralized system as well where there is a rigorous set of controls on data confidentiality, cyber resilience, and so on.”