Issuing central bank money on a distributed ledger for settlement among current holders of TARGET2 accounts could be done in a way that changes little of how central banks perform their functions. Nevertheless, broadening access, possibly even to the man or woman on the street, is often discussed under the heading “digital central bank currency”.
Pairs of short horizontal bands are printed in intaglio or engraved at the extreme right and left sides of the note. A 1000-Piso has five pairs of this tactile mark; the 500-Piso will have four pairs; three pairs for the 200-Piso; two pairs for the 100-Piso; while a 50-Piso will have one pair of tactile marks.