22 June 2018
the National Bank of Ukraine held its regular open research seminar delivered
by Dr. Gabriel Söderberg, researcher of Uppsala
University and economist of Sveriges Riksbank, who came to Kyiv as one of the speakers of the financial inclusion forum Finclusion UA, organized by MasterCard and the NBU.
economist presented his research work “Money in the past and in the 21st
century: Principles of trust and performance” on the role of Bitcoin and other
cryptocurrencies in the modern era. He started with a brief overview of the
history of money while the main body of the seminar was dedicated to the
discussion of cryptocurrencies and their core peculiarities.
Dr. Söderberg highlighted that the main reason for cryptocurrencies
to become popular rapidly is a lack of credibility of central banks and banking
system in general as well as a high level of trust in computers. In addition,
the speaker emphasized that cryptocurrencies can not
be classified as alternative money since they mostly share properties of an
asset but not a currency. In order to become a conventional currency, crypto-assets
need a peculiar accreditation by central banks.
Research paper: https://bit.ly/2Jm8ote
Video of the seminar: https://www.youtube.com/watch?v=n2s4ths4vBU
The materials of previous open research seminars are available
via the link.
We invite potential speakers to attend the following seminars. The materials with the results of scientific research (article and / or
presentation), the author's resume and the desired date for the
seminar should be sent to the Research Division of the Monetary
Policy and Economic Analysis Department at e-mail: email@example.com.