The topic of the first HNB podcast episode is the digital euro – the currency that is forthcoming. This episode will explain what digital euro is, its purpose, how it will be used and why it is introduced in the first place. The answers to these and other questions have been provided by the Governor of the Croatian National Bank, Boris Vujčić
In this episode:
01:04
The digital euro is a new, digital version of the euro to be issued by the European Central Bank, together with the national central banks of the euro area countries.
02:50
The digital euro follows the evolution of digital payments and enables a single payment method in the entire euro area, which makes Europe strategically autonomous.
04:05
The digital euro will be used by means of the digital wallet and payments will be made via the application on a smartphone or physical card.
05:38
The use of the digital euro will be free of charge for citizens – no fee will be charged for sending or receiving money or maintaining the account.
07:02
A very important question – privacy is one of the biggest concerns today and for this reason special care is paid to not turning the digital euro into a surveillance tool.
11:50
The digital euro will be free of charge and accepted at all payment locations in Europe. It will also be possible to make offline payments.
13:15
The digital euro is currently in the preparation phase. This means that technology testing is carried out, models of how offline payments will function and security protocols are elaborated.