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In: Smart Home

As the seasons change, the days become shorter and daylight becomes less frequent. This makes it more important to create a pleasant lighting atmosphere that increases well-being and productivity. Daylight control automatically adjusts the lighting to the natural course of the day. In this edition of Loxone Explained, you will learn how this technology can be used optimally during the colder months.

The Bank in late March posted openings for a digital pound solution architect “to explore the technology design and architecture options for a potential retail CBDC”, and a digital pound security architect, whose role will be “to explore and develop secure technology design and architecture options for a potential retail CBDC”.

The job ads state: “HM Treasury and the Bank of England have recently issued a Consultation Paper setting out an assessment of the motivations and design choices for a potential digital pound, alongside a Technology Working Paper which outlines our emerging thinking on CBDC technology. These papers signal that our work will now move onto a design phase, which will look at the technology and policy requirements for a digital pound.”

In February, Bank of England deputy governor Jon Cunlifffe told a committee of MPs that a digital pound has a better than 50/50 chance of coming to fruition.

“These are big projects… this would be a very serious thing that would have to be resilient, fraud-proof, secure,” Cunliffe said. “If we just wait until we say OK now we think it’s needed, we will be five years behind.”

Via: https://www.finextra.com/