An Interactive 5-Day Training Course
Central Bank Digital Currency (CBDC) Masterclass
The Road Toward a Regulated Digital Currency
Course Overview
The growth, volatility and instability of unregulated cryptocurrencies have captured the interest of many critics, particularly due to the enthusiasm over a new technology, known as Blockchain, to resolve some economic development limitations and power decentralized payment systems. Central Banks have been under pressure to respond to the dramatic advances of cryptocurrencies and improve the effectiveness of legacy payment systems. Therefore, they have embarked on experimental projects to study the potential for issuing Central Bank Digital Currencies. This interest has grown in response to changes in payments, finance and technology, as well as the disruption caused by Covid-19 pandemic. As a result, an increasing number of countries and central banks are assessing CBDCs and will put them into practice.
This GLOMACS training course provides a complete overview of the topic of CBDCs for finance and banking professionals, including an overview of central banks thinking and the possible allegations of introducing a CBDC. A switch from public fiat towards private electronic money challenges the initial definition of money, the access to legal tender, the role of central banks, the financial intermediation model and the transmission of monetary policy.
This training course will highlight:
- The current monetary and financial ecosystem status
- The transition toward digital currency
- The relation between Blockchain and CBDC technological aspect
- The conceptual design of central bank digital currency
- Advantages, challenges and risks of CBDC
- Multiple use cases of CBDC projects implemented by central banks worldwide
Training Outline
DAY 1: The Road to Central Bank Digital Currency
- What is Money?
- Transition toward a cashless society
- Economics of money
- Financial exclusion
- Monetary and financial challenges
- Crypto currencies and assets
DAY 2: Blockchain: The Revolutionary Technology
- Distributed Ledger Technology
- What is Blockchain?
- Blockchain benefits
- Types of Blockchain
- Interactive workshop: The Blockchain game
- Blockchain and the financial system
- Investment in Blockchain
DAY 3: Concepts of Central Bank Digital Currency
- What is CBDC?
- CBDC models
- Design consideration and protocols
- Implications for the monetary system
- Disintermediation of banks
- CBDC governance
- Interactive workshop: Design a new CBDC!
DAY 4: CBDC: Pros, Cons, Challenges & Risks
- Advantages of CBDC
- Disadvantages of CBDC
- Commercial banks and CBDC: a system redesign?
- Challenges of interoperability
- Security and privacy
- Compliance and risk management
- Technical challenges
DAY 5: Global CBDC Projects and International Landscape
- China: Digital yuan
- Bahamas: Sand Dollar
- Sweden: E-krona
- Saudi Arabia/UAE: Aber
- ECB/France: Digital Euro
- Discussing multiple central bank CBDC research reports
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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