Thursday, November 24
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Tag: What is Digital Rupee?

India is to use Digital Rupee a Smart Currency means Central Bank Digital Currency (CBDC)

India is to use Digital Rupee a Smart Currency means Central Bank Digital Currency (CBDC)

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India is to use Digital Rupee a Smart Currency means Central Bank Digital Currency (CBDC) Digital Rupee: Today is the information age in which the whole life of all of us is changing because technology is changing. That's why now our way of transacting money is also changing. The Reserve Bank of India has started the pilot project of Digital Rupee from 1st November. This is India's first Central Bank Digital Currency (CBDC) which is being called Digital Rupee, through this testing money transactions will be done in government securities. The continuous development of technology has given a digital form to the traditional form of money transactions. Now the world is moving towards cashless economy. In such a situation, India also does not want to be left behind. The Reserve ...