On the basis of the above facts, Answer the following Questions : What is offline feature of 'e₹'?
CS Professional · Banking and Insurance - Laws and Practice · PYQS · June 2025
On the basis of the above facts, Answer the following Questions : What is offline feature of 'e₹'?
Answer & Explanation:
The offline feature of e₹ enables the user to transact in locations with limited or no internet connectivity. It is expected to mirror the advantages of physical cash, making it a reliable solution for usage in remote areas. Currently, different solutions are being explored. One solution facilitates transactions without internet but still requires telecom connectivity, while another solution is testing transactions leveraging NFC Communication.
Topics: Central Bank Digital Currency (CBDC)
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