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Implementation of National Digital Currencies on the Practical Experience of the Republic of Turkey

Implementation of National Digital Currencies on the Practical Experience of the Republic of Turkey
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Author(s): Husan Umarov (MGIMO University, Turkey)
Copyright: 2025
Pages: 9
Source title: Encyclopedia of Information Science and Technology, Sixth Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Founding Editor-in-Chief, Information Resources Management Journal (IRMJ), USA)
DOI: 10.4018/978-1-6684-7366-5.ch025

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Abstract

In 2022, the global economic space is seeing dramatic changes in current economic activity and financial instruments, which are used by both small companies and leading corporate giants. Technological progress in the field of digitalization and the emergence of private digital currencies have accelerated the digital transformation of traditional forms of monetary settlement. There is a need for the prompt implementation of an effective financial project that would help achieve the goals of digitalization of financial services and economic activity, expanding access to financial services, and developing innovative technologies.

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