कैसी होगी भारत की पहली 'डिजिटल' करेंसी, क्या है CBDC क्रिप्टोकरेंसी
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Budget 2022 Digital Currency || कैसी होगी भारत की पहली 'डिजिटल' करेंसी, क्या है CBDC क्रिप्टोकरेंसी.
कैसी होगी भारत की पहली 'डिजिटल' करेंसी, क्या है CBDC क्रिप्टोकरेंसी
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Budget 2022 Digital Currency || कैसी होगी भारत की पहली 'डिजिटल' करेंसी, क्या है CBDC क्रिप्टोकरेंसी
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Safety of CBDC from vulnerability and cyber attacks | VARINDIA explained | VARINDIA News Hour
#CBDC is a digital form of central bank money that can be accessible to the general public; essentially, it consists of individuals and firms having access to transaction and savings accounts with their home country’s central bank. The Government of India has proposed to issue CBDC, ‘Digital Rupee’ during the FY2022-23 which would be a digital avatar of India’s Fiat Currency, controlled and monitored by the Reserve Bank of India (RBI). CBDC will be a legal tender, being a revamped version of the physical currency, which will eventually reduce cost of currency management. CBDC could help policy-makers achieve goals around payment efficiency, financial inclusion, banking and payment competitiveness, access to safe central bank money in the era of digital payments, and more. People can convert digital currency to physical currency and vice-versa with ease. As per RBI, the digital rupee blockchain being developed by the RBI would be able to trace all transactions, unlike the current system of mobile wallets offered by private companies. The units issued in the digital rupee would be included in the currency in circulation, it added. The RBI's digital currency is likely to debut by early 2023. Currently, the bitcoin blockchain supports up to seven transactions per second and then there are some others that let a few thousand transactions per second. However, security aspects involved in constructing and deploying a central bank digital currency (CBDC).
It is a matter of great concern on the Security part, which is an essential element in the CBDC system. In addition to securing the underlying storage and transfer of value, security involves
aspects of privacy and resilience. Threats must be mitigated to protect the integrity of funds and the confidentiality of users. A secure CBDC system will retain public trust in the central bank. Under an ac
Technology video | 196 views
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क्या है Digital Rupee?, अब बिना इंटरनेट भी होगा पेमेंट! || what is digital currency in india
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क्या है Digital Rupee?, अब बिना इंटरनेट भी होगा पेमेंट!|| what is digital currency in india
News video | 188 views
India, being at the forefront of digital transformation, is already in the process of ushering in a government backed digital currency and the first ever trials of digital rupee in India may be launched by December 2021, according to RBI Governor Shaktikanta Das.
With CBDC, cross-border transactions will get faster and cheaper
Technology video | 150 views
#CBDC can be considered similar to cryptocurrencies but are centralized and regulated. The first pilot of the retail digital rupee will be issued in the same denominations as the currently issued paper currency and coins. Person-to-Person and Payment to Merchant transactions can be made, and Payments to Merchants can be made through QR codes displayed at merchant locations. Technology video | 131 views
Experts say, retail CBDC is helpful for the general public as they can use it in their day-to-day transactions. Also, CBDC is based on Distributed Ledger Technology, the same as the private blockchain network funded by the government, enabling tracking of anonymous transactions. Therefore, it facilitates making secure and safe transactions and prevents any illegal activity. Government can monitor and trace any suspicious transactions and implement anti-money laundering and combating financial terrorism measures.
Experts say, CBDCs, by their very nature, are digital versions of paper currency, and like paper currency, they will have unique serial numbers and denominations. The point is that the paper version of the rupee and the digital are the same.
CDBCs will convert a percentage of the paper currency into a digital version, which will then be used for merchant transactions for goods and services and for peer-to-peer transfers. This is advantageous to the country from both an efficiency and cost perspective. Because of instant settlement and high trust, this can be very useful, particularly in the hinterland areas.
Going forward, there has been substantial growth in the digital payments markets over the last few years, which only promises to continue. CBDCs will undoubtedly bring many efficiencies to the Indian payment system. India will join Sweden, China, the European Union, The Bahamas, etc., as a CBDC nation. Besides, the government should adopt safeguards to avoid threats of #cyberattacks.
Today's Headline in NewsHours
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CBDC’ s first pilot project to launch soon #shortsvideo
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Retail CBDC users likely to hit 50,000 by month-end #shortsvideo
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My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho
Cooking video | 2927 views
एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
#wine #Wineshelflife #cocktailsindia #dadabartender
Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
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My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
Cooking video | 2964 views