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CBDC vs Cryptocurrencies: Understanding the Key Differences
What do you think makes corporate bank-backed cryptocurrencies such as E Yuan different and far apart from average cryptocurrencies such as Bitcoin? Nowadays, we constantly hear the terms Central Bank Digital Currency, or CBDC and the like, or cryptocurrencies and the like, but they are not the same thing; there are many differences between both. … Continue reading “CBDC vs Cryptocurrencies: Understanding the Key Differences “
5 Reasons Why CBDC Could Replace Cash in The Near Future
Picture a situation where you walked into a store and got what you wanted, but instead of paying with cash or a plastic card, you only pointed your cell phone at a terminal. Imagine doing all this without waiting in long lines or removing your credit card from your wallet to pay for goods. Now … Continue reading “5 Reasons Why CBDC Could Replace Cash in The Near Future “
The End of Cash? Why Revolutionary Governments Are Eager for CBDCs
In the face of cash’s declining popularity in the modern world, revolutionary governments are increasingly turning their attention towards Central Bank Digital Currencies (CBDCs). This article delves into the reasons behind this eagerness, exploring the various advantages and implications of transitioning to a digital monetary system. What are Central Bank Digital Currencies (CBDCs)? CBDCs refer … Continue reading “The End of Cash? Why Revolutionary Governments Are Eager for CBDCs”
Banking the Unbanked: Digital Currency and Financial Inclusion in the Digital Revolution
The digital revolution has brought about significant advancements across various sectors, transforming the way we live, work, and interact. One area that has garnered immense attention is the concept of financial inclusion. In simple terms, financial inclusion refers to the accessibility and availability of financial services to all individuals, especially those who have traditionally been … Continue reading “Banking the Unbanked: Digital Currency and Financial Inclusion in the Digital Revolution”
CBDC and India: What Does the Future Hold?
The Union Budget 2022 brought a new buzzword to light for the Indian citizens: CBDC. For many, CBDC is a synonym for the much-hyped cryptocurrencies but the actual meaning seems to be quite different. So, if CBDC is not a cryptocurrency, then what is it actually? The Central Bank Digital Currency or CBDC, as it … Continue reading “CBDC and India: What Does the Future Hold?”
