International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 3 May-June 2024 Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

Shaping the Future of Money: Public Perceptions on Central Bank Digital Currencies and the Digital Rupee

Author(s) Yashwanth G, Suresh A S
Country India
Abstract This research project examines public attitudes towards Central Bank Digital Currencies (CBDCs) and the Digital Rupee through surveys and data analysis. It uncovers a significant level of awareness and growing interest in digital currency concepts among respondents. Trust in central banks is highlighted as crucial for successful CBDC implementation. Positive attitudes towards adoption are noted, with perceived benefits including faster transactions and enhanced security. However, concerns about cybersecurity risks and privacy issues require attention. Collaboration between public and private sectors is emphasized for effective implementation. Overall, this study provides valuable insights for policymakers and financial institutions navigating the digital finance landscape, informing strategies to promote digital currency adoption and address potential challenges.
Keywords Digital currency, CBDC, e-rupee, Digital rupee
Field Sociology > Banking / Finance
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-05-20
Cite This Shaping the Future of Money: Public Perceptions on Central Bank Digital Currencies and the Digital Rupee - Yashwanth G, Suresh A S - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.20761
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.20761
Short DOI https://doi.org/gtwmtn

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