Establishing standards for digital currency

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As fully digital transactions increasingly become the norm, the vital groundwork to prepare international standards for digital currency is accelerating.

Regulators, industry and academia are collaborating to ensure interoperability and security - key prerequisites for digital currencies to match and exceed the role of cash in our daily lives.

Key lessons from digital currency pilots will be shared next week at the DC³ Conference: From Cryptocurrencies to CBDCs, taking place online from 25 to 27 January 2022.

DC³ discussions will build on valuable 'pre-standardization' studies supported by the Digital Currency Global Initiative - a partnership of the International Telecommunication Union (ITU) and the Future of Digital Currency Initiative at Stanford University.

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What: DC³ Conference:From Cryptocurrencies to CBDCs. Attendance is open to all and free of charge.
When: 25 to 27 January 2022.
Where: Online.
Why: A meeting of the tech and financial services sectors to highlight the work of the Digital Currency Global Initiative and share perspectives on digital currency from the viewpoints of technology, business and regulation.

Discussions will highlight:

• Insights on the latest trends in CBDCs, cryptocurrencies and stablecoins.
• Key areas where standards are needed to strengthen the architecture and interoperability of digital currencies and facilitate integration with existing payment systems.
• ​Deep dives into the interoperability of CBDCs and stablecoins, the security of digital currency systems, and other timely topics.

Who:
Industry thought leaders, policymakers, central banks, standards bodies, international organizations, digital currency platform providers, and stablecoin and cryptocurrency experts.

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About ITU
The International Telecommunication Union (ITU) is the United Nations specialized agency for information and communication technologies (ICTs), driving innovation in ICTs together with 193 Member States and a membership of over 900 companies, universities, and international and regional organizations. Established over 150 years ago, ITU is the intergovernmental body responsible for coordinating the shared global use of the radio spectrum, promoting international cooperation in assigning satellite orbits, improving communication infrastructure in the developing world, and establishing the worldwide standards that foster seamless interconnection of a vast range of communications systems. From broadband networks to cutting-edge wireless technologies, aeronautical and maritime navigation, radio astronomy, oceanographic and satellite-based earth monitoring as well as converging fixed-mobile phone, Internet and broadcasting technologies, ITU is committed to connecting the world. For more information, visit www.itu.int ​​

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