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Innovation of 'machine money' is one important driver for CBDC another base requirement is trust of people. This means privacy, no unexpected expiry of assets for people, no restriction of use of CBDC, e.g. prevent saving.

Centralized structure alway invites to misuse data. It is reasonable to prevent money laundery with a secure, limited access. With no rules and control depending on the authorities mindset, CDBC can be misused, which will destroy peoples trust, market adaption and all expected wins.

Blockchain is not a silver bullet solution. There will be a long time of co-existence of legacy ledger and DLT. In areas of multiple stakeholder, as permissioned blockchain I expect good business opportunities, e.g. trade finance, consent management in ecosystems, traceability of ownership.

If this approach not globally used and it will be difficult to set it up globally. People will use cash of stable countries without this e-money to avoid negative interest or iinvest directly in precious metals.

I hope this change is only for retail customers and not for corporates.

Does this notification only applies on debtor agent or as well creditor agent, resp. each bank doing a currency conversion?

I'm wondering if this measure will raise transparency for customer, actually on existing statements, the exchange rate of currency conversion should be stated. Only improvement is electronic push notification, but then its too late for the customer to intervene, payment will be executed as notified. 

Agree, could be easily covered with mobile payments. What about charging electric car? this could be seamless covered based on IoT technology limited by customer consent.

By providing Banking API, why not using IFX standard to make integration and interoperability of customer and banks easier?

More and more customer are asking for a multi bank service using their account. To use a dedicated app for each bank looks not like a solution.

Banking services are going to be merged into business processes.

It's very hard for a bank to provide this on its own. Hence cooperation of banks with FinTech is a way to follow.