Jonny explains that while not all digital currencies use Blockchain technology, those that do apply it in different ways. Some Blockchains are public, others private, but they all enhance transparency and, in turn, trust.

As our lives become increasingly digitised, Blockchain helps structure data more effectively. This enables automation of mundane tasks while giving individuals greater control over their data, rather than it being dominated by large corporations.

CBDCs are a key focus for central banks, with 80% of Bank of International Settlements members working on projects. There is concern that if governments do not issue digital currencies, multinationals might, potentially reducing state influence over economies.

Jonny explains how CBDCs provide a new tool for economic control and addressing the informal economy, which the IMF estimates involves up to 60% of the global population.

When was the last time you visited an ATM/cash machine or even a bank to withdraw cash? Do you even carry cash or even a wallet but rely on your phone or plastic cards? This lecture explores the decline of cash and how it's used vs debit cards in the UK and the decline in the use of cash in the USA.

This lecture provides an analysis of the advantages of CBDCs and digital currencies, including greater inclusivity, new infrastructure to allow digital payments more transparency and a new tool for governments and businesses.

Jonny discusses the way in which digital money is able to treat customers more fairly and create payment methods that are more appropriate for our ever-increasing digital lives. He also explores why we need to go to the bother of changing the way we make payments.

This lecture explores how much longer the US Dollar will remain the world's reserve currency and what history may teach us about its potential replacement. Jonny discusses the risks of fractional banking and why a digital currency, such as a digital £/$/€, could be safer than traditional bank deposits.

Jonny advises on how to stay updated with developments in blockchain technology and digital assets. He highlights a weekly publication that covers the usage of these technologies across different countries and industries. By exploring case studies and examples, you'll gain insights into what companies in your sector are doing globally and locally. Additionally, Jonny shares his recommended resources for further reading on the subject.

In this concluding lecture, Jonny summarises the key topics covered throughout the course, including the distinctions between cryptocurrencies, CBDCs, and stablecoins, as well as the rise and fall of world reserve currencies. He highlights the potential advantages of digital currencies for governments, societies, and businesses. Jonny also recaps how blockchain technology has facilitated new payment methods, providing governments with a tool to address the informal economy and promoting more inclusive and transparent business practices.