Central Bank Digital Currency: What Is Digital Rupee & How Can You Use It ? Explained

Episode Description

Reserve Bank of India will launch the much awaited Central Bank Digital Currency today, on 1st December. India's Central Bank Digital Currency will roll out in two forms, specifically designed for two different use cases - wholesale segment and retail segment. Now many say this digital currency this digital rupee is some sort of official crypto currency but still, many are confused what exactly is it. This is a little complex so keep listening very carefully as I walk you through this concept of digital currency, how it is an official cryptocurrency but different and safe from it, what are the advantages and functions of digital rupee and how will digital rupee transactions work ? Explained

 

Host & script - Rudrashis kanjilal

Producer - Lalit

 

Clear-cut by ABP live Podcasts is a show tailored for the simple truth that there's nothing more important to a democracy than a well informed electorate. On this show, we will give a smooth rundown of the top stories of the day and talk about an issue which needs our attention because I'll be your champion of facts and the mortal enemy of innuendo, speculation, hyperbole and nonsense. I'll make no effort to subdue my opinion and make every effort to inform you of different opinions that are offbeat from my own. Listen to your clear-cut newsman Rudrashis Kanjilal from every Monday to Friday only on ABP Live Podcasts.