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Digital Rupee
Digital Rupee, also known as Central Bank Digital Currency (CBDC), refers to the digital form of the Indian currency, Rupee. It is a digital representation of physical currency notes and coins, designed and issued by the Reserve Bank of India (RBI). The digital rupee is built on blockchain technology, which ensures secure and transparent transactions. It enables users to make payments, transfers and other financial transactions electronically through online platforms and digital wallets.
