There's good in crypto and the IMF sees its potential to develop an environmentally friendly CBDC.
Estimates of energy use per transaction for the core processing of different payment systems. Source: IMF
However, the international organization acknowledged the high energy efficiency brought about by non-PoW, permissioned crypto assets when compared to the traditional financial system: Drawing a conclusion from the study, the IMF’s recommendation to the central banks is to “design CBDCs with the explicit goal to be environmentally friendly.” This means selecting platforms, hardware and design options with “a lower carbon footprint than the central banks’ legacy systems” right from the experimentation phase.
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