I am providing a link below to the latest version of my paper. The Reserve Bank of India has declared that it will start a pilot project on the issuance of CBDC. The former Governor Subbarao has strongly cautioned RBI against any interest payment on account-based CBDC. Please see my detailed discussion on various issues […]
Tag: central bank digital currency
Central Bank Digital Currency
In December 16 2019, I wrote this letter to RBI Governor To The Governor Reserve Bank of India Mumbai Sub: Possibility of introducing Central Bank Digital Currency in India- a Technical Blueprint Respected Sir, Many countries in the world including China are experimenting to introduce Central Bank Digital Currency (CBDC). I have worked out a […]
Central Bank Digital Currency -a Blueprint
eRupiah: RBI’s Virtual Cash Key words: Central Bank Digital Currency, public key-private key cryptography, Digital currency wallet, Corruption, Introduction: No currency has ever been used in the human history which did not have the stamp of an authority. Bitcoin is a medium of payment but it is not money for the same reason. Nonetheless, the […]