| 000 | 00000nam 2200000zi 4500 |
| 001 | 9.954487 |
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| 003 | CaOODSP |
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| 005 | 20250829103336 |
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| 006 | m o d f |
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| 007 | cr mn||||||||| |
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| 008 | 250826e20250626oncad ob f|0| 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|beng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-5/2025-18E-PDF |
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| 100 | 1 |aChiu, Jonathan, |eauthor. |
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| 245 | 10|aOn the programmability and uniformity of digital currencies / |cJonathan Chiu, Cyril Monnet. |
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| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025. |
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| 264 | 4|c©2025 |
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| 300 | |a1 online resource (ii, 44 pages) : |billustrations, graphs. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2025-18 |
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| 500 | |a"Last updated: June 26, 2025." |
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| 504 | |aIncludes bibliographical references (pages 43-44). |
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| 520 | 3 |a"Central bankers argue that programmable digital currencies may compromise the uniformity of money. We explore this in a stylized model where programmable money arises endogenously, and differently programmed monies have varying liquidity. Programmability provides private value by easing commitment frictions but imposes social costs under informational frictions"--Abstract, page ii. |
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| 546 | |aIncludes abstract in French. |
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| 650 | 0|aDigital currency|zCanada. |
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| 650 | 0|aFintech. |
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| 650 | 6|aMonnaie électronique|zCanada. |
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| 650 | 6|aTechnologie financière. |
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| 710 | 2 |aBank of Canada, |eauthor. |
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| 830 | #0|aStaff working paper (Bank of Canada)|v2025-18.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s966 KB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2025-18-eng.pdf |
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| 856 | 4 |qHTML|sN/A|uhttps://www.bankofcanada.ca/2025/06/staff-working-paper-2025-18/ |
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