© Reuters

Central bank digital currencies (CBDCs) may not solve any problems faced today, but could be the answer to ones not even fathomed yet, says the executive spearheading Australia’s CBDC pilot.

Speaking to Cointelegraph, Dilip Rao, a former executive who’s now spearheading Australia’s in-pilot CBDC research project, believes a central bank-issued currency could be built for use cases not yet considered: