Analysis of the Advantages of Digital National Currencies: The Digital Ruble and Foreign Cases

Abstract

The purpose of our article is to highlight the problem of introducing a national service/technology and, as a result, to identify obstacles and results already achieved. The article discusses the process of developing a digital ruble in Russia, from its beginning at the end of 2020 to a pilot launch in 2023, which is associated with the imminent planning of the release of a full-fledged digital ruble for the use of customers. The authors consider the current results of development, the advantages of the new system, foreign experience, as well as the main differences from other types of currency.