
Paul Wilson
Director General
British Iranian Chamber of Commerce
Biography
Foreign and Commonwealth Office, 1986-1994; Director of Sales, De La Rue Currency 2000-2003; Managing Director, De La Rue Identity Systems, 2003-2007; Director of Government Relations, De La Rue PLC 2007-2015About the company
The British Iranian Chamber of Commerce is the leading private sector organisation promoting trade between Britain and Iran.Presentation
Immersion Session: Digital fiat currencyMany nations are discussing the future of cash. Central Banks are studying their role in the digital evolution which will allow them to continue to regulate and fulfill their fiscal responsibilities. Banknotes are a sovereign legal tender issued solely by the Central Bank. Their digital equivalent must also follow the currency laws of the nation. There exist technological solutions that enable central banks to issue a digital fiat currency instrument that can be transacted in existing networks and payment systems. This immersion session sheds light on the challenges and the opportunities inherent to digital fiat currencies, discusses technical requirements, and provides thought-provoking insights and practical guidance on this complex topic.