Central Bank Digital Currency: A Bibliometric Analysis of Scopus Database

Central Bank Digital Currency (CBDC) is a type of digital money that has a central bank as its issuer. CBDCs, in contrast to conventional physical currencies, are digital and run on either a centralized database or a decentralized blockchain network. They can completely transform the world’s financial system because they are made to work as a safe and effective form of payment. The current state of research on central bank digital currencies is reviewed using bibliometric analysis in this paper. 221 peer-reviewed journal papers published between 2018 and 2023 were analyzed using the Scopus database and VOS viewer software to find trends, patterns, and emerging areas in CBDC research. The data showed that there has been a consistent rise in publications on CBDCs since 2018, with a notable increase in 2021 and 2022. The paper concludes with a discussion of the result and significance of the study for decision-making.