Lens1000
VIP Contributor
The Central Bank digital currency gained momentum and it continued in this space because the government and the financial institutions of each and every country are willing to explore the potentials that is in digital currencies and this particular currency are backed by the central Banks. It is critical to understand the concept of the Central Bank digital currency and what it represents in the monetary landscape and we should know that the major advantage of the Central Bank digital currency project is to enhance efficiency and to increase transparency and it is also aimed to bring about financial inclusion especially to the unbaked region.