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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Volume 10 | Issue 9
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 10
Issue Published : 112
Article Submitted : 17348
Article Published : 7552
Total Authors : 20065
Total Reviewer : 733
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| Paper Title: | CENTRAL BANK DIGITAL CURRENCIES` (CBDCS`) EFFECTS |
| Authors Name: | VIJAYBHARATHI.K , KALAIVANI E |
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IJRTI_190023
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| Published Paper Id: | IJRTI2406047 |
| Published In: | Volume 9 Issue 6, June-2024 |
| DOI: | |
| Abstract: | The financial landscape may be drastically altered by Central Bank Digital Currencies (CBDCs), which have the potential to change monetary systems all over the world. The various effects of CBDCs on monetary policy, financial stability, and the conventional banking industry are examined in this article. It explores how CBDCs, particularly in underbanked areas, could promote financial inclusion, lower transaction costs, and improve the effectiveness of payment systems. Additionally, the study looks at the dangers and difficulties that come with putting CBDCs into practice, including potential disintermediation of commercial banks, privacy issues, and cybersecurity threats. The study offers insights into the practical consequences and policy issues for central banks thinking about the introduction of digital currencies by examining case studies from nations that have experimented or adopted CBDCs. The results indicate that, even if CBDCs have a lot to offer, cautious planning and regulatory monitoring are essential to reduce risks and guarantee a smooth transition to a future of digital money |
| Keywords: | CBDC, disintermediation, payment systems, monetary policy, digital currency, financial stability, central banks, and financial inclusion. |
| Cite Article: | "CENTRAL BANK DIGITAL CURRENCIES` (CBDCS`) EFFECTS", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.9, Issue 6, page no.357 - 359, June-2024, Available :http://www.ijrti.org/papers/IJRTI2406047.pdf |
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2406047
Registration ID:190023
Published In: Volume 9 Issue 6, June-2024
DOI (Digital Object Identifier):
Page No: 357 - 359 Country: Tiruchengode, Namakkal, Tamil Nadu, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2406047 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2406047 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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