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90 total results found

Growth of Digital payments in India

Digital Finance Unit-2 Payments System

India's Digital Payments Revolution: Demonetization, Growth, and Future India's digital payments landscape has undergone a remarkable transformation, driven by government initiatives, technological advancements, and shifting consumer behavior. Impact of Demone...

RBI Guidelines on Digital Payments

Digital Finance Unit-2 Payments System

RBI Guidelines on Digital Payments: Enhancing Security and Governance The Reserve Bank of India (RBI) has issued a comprehensive Master Direction to address the escalating cybercrime risks associated with the rapid growth of digital payments. This directive ai...

Cryptocurrencies and it's future

Digital Finance Unit-3 Crypto Assets and Blockchains

Cryptocurrency and Its Future Cryptocurrency has emerged as a disruptive force in the financial landscape, challenging traditional monetary systems. While still in its nascent stages as a widely adopted currency, it presents compelling arguments for its potent...

Blockchain as a registration mechanism, Functioning of blockchain system

Digital Finance Unit-3 Crypto Assets and Blockchains

How Blockchain Functions Blockchain technology is a revolutionary distributed ledger system that enables secure, transparent, and tamper-proof transactions without the need for intermediaries. It operates on a decentralized network of nodes, which collectively...

Integration of digital currency and block chain and issuers incentive problem

Digital Finance Unit-3 Crypto Assets and Blockchains

Blockchain, Digital Currency, and Issuer Incentives in Banking The integration of blockchain technology and digital currencies offers numerous advantages for the banking sector. However, it also introduces challenges, particularly concerning issuer incentives....

Proptech: The Fintech of Real Estate

Digital Finance Unit-3 Crypto Assets and Blockchains

Proptech, or Property Technology, represents the innovative application of technology to revolutionize the real estate industry. By integrating finance and real estate, it's often referred to as the "Fintech of Real Estate." Proptech encompasses a wide range o...

Possible alternative uses of blockchain technology in economy and difficulties in it's implementation

Digital Finance Unit-3 Crypto Assets and Blockchains

Alternative Uses of Blockchain Technology While blockchain is widely known for its role in cryptocurrencies like Bitcoin, its potential extends far beyond digital currencies. This technology can revolutionize various sectors by providing secure, transparent, a...

Use of Bitcoin in Money Laundering

Digital Finance Unit-3 Crypto Assets and Blockchains

Money Laundering and the Use of Bitcoin Bitcoin and other cryptocurrencies, due to their perceived anonymity, are often considered more susceptible to money laundering than traditional currencies. While Bitcoin transactions are recorded on the public blockchai...

Central Bank Digital Currency (CBDC)

Digital Finance Unit-3 Crypto Assets and Blockchains

Central Bank Digital Currency (CBDC) Central Bank Digital Currency (CBDC) represents a significant evolution in monetary systems. It's a digital form of a nation's fiat currency, issued and regulated by the central bank, and backed by the government's full fai...

Emerging FinTech

Digital Finance Unit-3 Crypto Assets and Blockchains

Beyond traditional Fintech and Proptech, a new wave of financial technologies is emerging, poised to reshape how we interact with money and financial services. These include the Internet of Things (IoT) and Augmented/Virtual Reality (AR/VR) applications. Inter...