India Has Launched Its Blockchain Based Digital Currency In The Month Of November. Why Did Rbi Launch Digital Currency?
This Is One Such Blockchain Based Currency. Which Is Recognized By Rbi And This Also Makes It Different From Cryptocurrencies.
Right Now The Government Has Launched It As A Pilot Project Which Will Be Different For Retail And Wholesale. Right Now It Has Been Launched Only For Wholesale. Cbdcw Cbdcr
This Is Also What Makes It Different From Cryptocurrencies. The Complete Control Of The Blockchain Of Digital Currency Will Be With The Money Authority Of India.
It Is Completely Paperless Virtual Currency Which Can Be Transferred From Mobile To Electronic Record By Cdbc. Cbdc Img Sourceunsplashcom Learn More
In The Last Few Years, Money Transfers Worth Thousands Of Crores Of Rupees Have Been Done Virtually Through Online Transfer Upi Paytm Nft Due To Pandemic. Why Digital Currency Is Needed Img Sourceunsplashcom Learn More
This Will Reduce The Expenses Of Crores Of Rupees Incurred By The Government On Printing Currency And Notes. Must Share The White Dotted Arrow.