Research Contributor

It was not a good year for cryptocurrency. But professor Andreas Park says despite the ill tidings, businesses should keep an eye on the space, or risk missing out on game-changing technology.

Imagine a financial framework that spreads financial democracy, increases inclusion, reduces consumer pain points and increases economic growth. DeFi has arrived.

The Bank of Canada has called upon leading researchers to design a digital currency that, like a traditional banknote, would be widely accessible, secure and denominated in Canadian dollars. Three project teams explored different solutions to this innovation challenge. Watch as members of these teams compare their design proposals and debate the risks and benefits of each possible solution.