Central Bank codes can be described as a phenomenon of the 21st century; The technology central banks around the world are looking to access.
Central bank digital currency, also known as Fiat digital currency or digital base currency, is the digital currency issued by a central bank; The current concept of central bank digital currencies is inspired by bitcoins and blockchain-based cryptocurrencies, but its performance is different from market digital currencies.
Over 80% of the world's central banks now run the central bank's digital currency project, with China being the first country to launch a digital yuan; According to surveys, one of the fastest programs currently ranked first in China in terms of number of installs is the central bank digital wallet.
261 million users About one-fifth of China's population has launched CNY e-wallets on their mobile phones.
The completion of the national cryptocurrency or digital rial project in Iran, which has been hotly debated these days, dates back to 1399, and the Central Bank Informatics Services Company was commissioned to carry out this project, according to the head of the plant. Money and credit have been approved and preparations are underway, and the project will be implemented early next year.
According to the Deputy Minister of New Technologies of the Central Bank, the purpose of designing a cryptocurrency at the Central Bank is to transform banknotes into a programmable and programmable entity, and with this process, money will have an intelligent entity.
This digital currency is backed by Rials, and in fact, for each unit of national currency equivalent to Rials, it will remain blocked in the central bank account and its issuance will not create new liquidity. .
Will the production of the national crypto-currency be energy-intensive?
To answer this question, you have to look at the differences between national cryptocurrencies and digital currencies like bitcoin; Bitcoin is not in the possession of a particular person, but in the possession of a network protocol, and its production should be considered a heavy cost because it consumes a lot of electricity, but the digital currency of the central bank is not a public phenomenon and in the world as a currency whose central bank It is defined exactly as the Rial in Iran and therefore its production is available to the Central Bank, and the algorithms and methods used to achieve a consensus in the blockchain network, such as algorithms and methods which are very expensive and energy intensive and which are used in the Bitcoin network etc. They have no application in this network because these networks are said to be private in the sense where the key players in these networks are known.
 
Among its various other benefits, it can be used in expand ability and the ability to maintain syntheses.
 

The password of Rial is actually the digital currency of the Central Bank, which is considered electronic money and will be the electronic version of common banknotes in Iran. Its value is also tied to existing traditional paper rials.
Of course, the cash or credit cards that many people use to make everyday purchases in their stores or make bank payments are a form of digital currency.
Until now, however, these digital currencies were issued by commercial banks on the basis of electronic credit provided by the central bank.

According to experts, what is important in the field of national cryptocurrency is its specific criteria and economic effects, but technically, at least in the short and medium term, the production and supply of national digital currency in Iran won't be difficult.

Now, the central bank governor has also announced that the national monetary code guidelines have been approved by the Monetary and Credit Council and are expected to be implemented next year.
Cryptocurrency Population Warning for Central Banks:

The proliferation of cryptocurrencies around the world has confused and worried central banks around the world, as these digital currencies are non-institutional and interceptable, and have increased the likelihood of a sudden outflow of capital from these banks.
"The popularity of bitcoin and its counterparts has grown to become a global phenomenon with a capital market of $2.2 trillion, nearly double the GDP of Spain," wrote The Economist, noting the growing popularity of cryptocurrencies around the world. to become.
Meanwhile, central bankers around the world are trying to make cryptocurrencies less attractive to the public; "Cryptocurrencies have no support and no means of payment," Federal Reserve Chairman Jerome Powell said earlier this year.
Swedish central bank governor Stephen Ingus also assured that bitcoin, like all private currencies, could eventually fall.