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Opportunities and risks associated with the advent of digital currency in the Caribbean

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  • Bissessar, Shiva

Abstract

This report examines the usage of digital currency technology in the Caribbean subregion with a view to drawing attention to the opportunities and risks associated with this new phenomenon. It discusses the broader context of an emerging activity at the global level and considers how this technology could address subregional deficiencies in the electronic payment infrastructure. The report also discusses mobile money solutions, and the relationship of that technology to digital currency.

Suggested Citation

  • Bissessar, Shiva, 2016. "Opportunities and risks associated with the advent of digital currency in the Caribbean," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 39860, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col033:39860
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    File URL: http://repositorio.cepal.org/handle/11362/39860
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    References listed on IDEAS

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    1. Ali, Robleh & Barrdear, John & Clews, Roger & Southgate, James, 2014. "Innovations in payment technologies and the emergence of digital currencies," Bank of England Quarterly Bulletin, Bank of England, vol. 54(3), pages 262-275.
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    Cited by:

    1. Williams, Robert Crane, 2017. "Prospects for blockchain-based settlement frameworks as a resolution to the threat of de-risking to Caribbean financial systems," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 41139, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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