This paper analyses the innovative digital money CBDC and its potential influence in Sweden and China with Privacy Calculus Model. The research aims to understand how e-krona and e-CNY will influence individual privacy in Sweden and China, and what the similarities and differences are. The e-krona and e-CNY will further reduce the usage of cash, which is the full-anonymous money. E-krona may not be full-anonymous, when it replaces some cash, the payment privacy also gets reduced. E-krona and e-CNY will both allow their central banks to have more control of transaction data. Compared to cash, privacy is reduced. Compared to other e-payments such as bank cards, individual privacy is more protected. The commercial organizations may have less access to transaction data with e-krona and e-CNY, there will be less targeted advertising, individuals will have more privacy. Swedish interviewees also trust the current payment tools. But they think e-krona could further improve the payment system. Chinese interviewees complain a lot about private payment companies, they think the change by e-CNY will be great. For personal interest, both sides have interests in e-krona/e-CNY. But Swedish interviewees are interested in e-krona due to the willingness to try new things. Chinese interviewees also mention that they are attracted by its free transaction fees, linking the isolated payment platforms.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-456782 |
Date | January 2021 |
Creators | Lan, Shuyu, Vaghoor kashani, Saleh |
Publisher | Uppsala universitet, Industriell teknik |
Source Sets | DiVA Archive at Upsalla University |
Language | English |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
Relation | SAMINT-MILI ; 21059 |
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