Sean Worthington speaking at The Future of Cash in Athens.
The Future of Cash conference was the first of its kind to bring together all stakeholders involved in the cash cycle. It typically attracts delegates from central banks, financial institutions, retailers, cash management companies, technology providers and other suppliers.
In previous years, The Future of Cash has formed part of EFMA’s Retail Payments Week. However, since April 2016 the event has reverted to its more traditional format of a stand-alone two day event in order to focus on achieving operational efficiencies within the cash cycle. Previous events have been held in Paris and, more recently, Vienna, with Athens playing host to the 2019 event.


The Futureof Cash

14:40 - DISTRIBUTED LEDGER TECHNOLOGY HAS CHANGED THINKING ABOUT WHAT MONEY IS. BUT WHAT IS THE FUTURE OF MONEY?SEAN WORTHINGTON, CLOUDCOIN




If you look at payments today, how good a job are they doing? Why did DLT (Distributed Ledger Technology) come along and why has it been creating a storm? How are government’s responding and why? How is DLT doing and where is it going?If DLT is not the “perfect” money and if it is not the right answer as an underlying technology to be a currency, what alternatives are there? So if there is a technology that really does deliver the apparent benefits of DLT but without its limitations, how then should central banks respond? If central banks are looking at creating their own crypto-currency, would RAIDA be applicable?