Shreepad Shukla is a Director in the Chief Technology Office at Barclays. He is an Enterprise Architect for Advanced Technologies and specialises in the payments industry with a focus on digital money including central bank digital currencies and tokenised deposits. Shreepad holds a Bachelor of Engineering degree in Computer Science from BITS Pilani, India and a Post Graduate Diploma in Management from IIM Calcutta, India.
Illustrative industry architecture to mitigate potential fragmentation across a central bank digital currency and commercial bank money
The authors put forward a means to mitigate the fragmentation risk to payments markets and retail deposits presented by the adoption of CBDCs.