On the basis of the above facts, Answer the following Questions : What are the current use cases in 'e₹-W' and what are the benefits ?

There are Two ongoing use cases of e₹-W: Funds settlement of secondary market transactions in Government Securities, and Settlement of inter-bank lending and borrowing in call money market. Settlement in central bank money is expected to reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk and benefitting from the programmability and smart contracts functionalities of e₹-W.