You work for a financial services company. The company is unsure how to interpret the hype in the market about the implications of digital innovation and disintermediation for its own future. You recall having studied some podcasts about the use of digital currency & the use of satellite imaging to disburse financial support during pandemic. Explain to your financial services company:

a. How the digital currency is likely to impact the financial services industry?

b. How the introduction of digital currency is likely to impact the conduct of monetary policy for a country?

c. What is the potential role and prospects for Canada in its attempt to introduce digital currency?