DSIJ Mindshare

Industry welcomes RBIs CBDC project to launch India's digital currency

One of the key developments in the financial world is the introduction of Central Bank Digital Currencies (CBDCs)

Karan Dsij 0 1200 Article rating: 4.8

Considering it is governed by a central authority, the volatility risk associated with other digital currencies such as bitcoin is not there while transacting and tracking the transactions will become easier for the government and users alike

With RBI's announcement of digital currency project, here's what Pratik Gauri, Co-Founder and CEO, 5ire has to say

The announcement by Finance Minister Nirmala Sitharaman for the central bank's introduction of Central Bank Digital Currency (CDBC) in 2022-23 created a new wave of speculations about RBI's foray into a digital economy as the first major central bank to do so.

Rohit Kale 0 1563 Article rating: 4.7

Now with the announcement of RBI that digital currency will be launched as a pilot project this yearwe bring to you what Pratik Gauri, Co-Founder & CEO has to say on this development:

5IRE seeks to go public; secures USD 100 million capital commitment from global emerging markets

5IRE, the fifth generation blockchain network founded by two entrepreneurs of Indian origin, Pratik Gauri and Prateek Dwivedi, along with crypto financier Vilma Mattila

Karan Dsij 0 658 Article rating: 3.5

By investing in 5IRE, GEM will solidify its foothold in the emerging markets for sustainable level 1 blockchain with a highly diversified portfolio of use cases along with a growing cache of MoUs with government as well as private sector partners.  

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