Central Banks Digital Currency: Detection of Optimal Countries for the Implementation of a CBDC and the Implication for Payment Industry Open Innovation

This article analyzes the current situation of Central Bank Digital Currencies (CBDCs), which are digital currencies backed by a central bank. It introduces their status, and how several countries currency areas considering implementation, following in footsteps Bahamas (which has already implemented them its territory), China completed two pilot tests) Uruguay test). First, sample potential candidate for establishing CBDC was selected. Second, motives implementing were collected, variables assigned to these motives. Once previous steps had been completed, bivariate correlation statistical methods applied (Pearson, Spearman Kendall correlation), obtaining with highest Bahamas, China, Uruguay. The results obtained show that Baltic Sea area (Lithuania, Estonia, Finland) is configured within Europe as an optimal CBDC. In South America, (already included comparison) Brazil very positive results. case Asia, together Malaysia also shows high three pioneer countries, finally, on African continent, Africa country stands out most