On January 27, Citi and Imperial College held their third annual Digital Money Symposium in London. As in previous years, the Symposium convened a group of leaders in their field to explore the state of adoption of digital money and its economic and societal impacts around the world.
Last year’s symposium introduced the Digital Money Readiness Index, a set of global metrics to help quantify digital money adoption based on various measures of socio-economic development. The Readiness Index aimed to answer two important questions:
- What factors affect the adoption of digital money around world, and how do they vary across different countries and regions?, and
- Does digital money adoption really make a difference, and if so, can we quantify the benefit to governments, companies and individuals?