This course traces currency evolution from physical money to digital currencies and CBDCs, covering modern payment systems, economic principles of private and public digital currencies, monetary policy transformation, FinTech-enabled financial inclusion, key risks, RegTech, token economy, and intelligent banking.
This course traces currency evolution from physical money to digital currencies and CBDCs, covering modern payment systems, economic principles of private and public digital currencies, monetary policy transformation, FinTech-enabled financial inclusion, key risks, RegTech, token economy, and intelligent banking.
Explain the historical evolution of currency forms and the technological driving mechanisms.
LO2 :
Distinguish the conceptual and operational differences among FinTech, digital finance, Internet finance, and legal digital currencies.
LO3 :
Analyze the monetary functions and economic implications of private digital currencies versus CBDCs.
LO4 :
Apply the framework of long-tail theory and blockchain consensus mechanisms to evaluate FinTech’s impact on inclusive finance and information asymmetry.
LO5 :
Assess the effectiveness of monetary policy tools and RegTech under conditions of digital currency and intelligent banking systems.