Grants and Contributions:

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Title:

Privacy Design Landscape for Central Bank Digital Currency

Agreement Number:

Agreement Value:

$26,450.00

Agreement Date:

May 28, 2021 - Mar 31, 2022

Description:

There are many technical complexities involved in designing a central bank digital currency (CBDC) but one of the most complicated of the design parameters is privacy. This research project has one main deliverable: to produce an in-depth study of the design landscape for privacy in CBDCs, both for an academic audience and for a general audience. To ensure the results have technical depth, the research explores suitable designs through experimentation, such as cryptographic protocol design and blockchain smart contracts (all code artifacts released free and open source with performance measurements). This project does not take a normative position that a CBDC ought to be deployed in a modern economy. Rather, it takes the position that CBDCs are a possibility. The project affirms that privacy must be a starting point for designing a CBDC, not an afterthought.

Organization:

Office of the Privacy Commissioner of Canada

Location:

Montréal, Quebec, CA H3G 1M8

Reference Number:

CP-000016

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

Academia

Recipient's Operating Name:

Concordia University

Recipient's Legal Name:

Institute for Information Systems Engineering (CIISE), Concordia University / Institut d’ingénierie des systèmes d’information de l’Université Concordia

Program:

Contributions Program