 Good morning, good afternoon, good evening, and welcome to the webinar on insights of retail central bank digital currency implementation organized by the it you as part of the activities under the digital currency global initiative. We hope that you, your family, your friends, and your colleagues are all keeping healthy and safe. My name is belong to mostly chief of the study groups department at the standardization Bureau of the it you here in Geneva. And it's a privilege for me to introduce today's webinar on insights of retail central bank digital currency implementation. The digital currency global initiative is a collaboration between it you and Stanford University future of digital currency program. And its main objectives are to conduct further research on technical architecture security, the technical implications and challenges in deployment caused by regulatory and policy requirements for central bank.