Top 10 Reasons Why Digital Rupee is future of money

1) Centralised : Reserve Bank of India (RBI) will regulate this and it will be 100% legal and acceptable by the Indian Government.

2) Ease of use : There are multiple use of Digital rupee so it easy to use in different sectors

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3) Global acceptance : There is not graphical limitations on this and everyone can hold or use it worldwide

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4) Transparency : Every Digital rupee has its own identity and it is trackable so its Transparent for everyone.

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5) No bank account needed like that for UPI : You don't need a bank account to use or hold digital rupee

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6) The payment via digital currency or rupee will be real-time : The payment done with digital rupee will be settled in realtime.

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Likely to save operational costs of printing, distributing and storing banknotes : Everything is Digital so no additional cost involved.

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Governments can access all transactions happening within the authorised networks : It will help reducing corruption in country.

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Cannot get physically damaged or lost : There is no risk of physical damange or loss of digital rupee

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Fraud : CBDC will make sure there are no chances of fraud with users.

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