The e-Rupee Test Pilot Reveals How The Digital Dollar "Might" Work

The Indian government has announced its first pilot project to use the #eRupee, a digital token that could be used as #legaltender. It would be issued in the same denominations as current paper money and coins. Users will be able to transact with e-R by storing their mobile phones or devices in a #digitalwallet provided by participating banks.

The articles mentioned in this news update:
1. Visualized: The State of Central Bank Digital Currencies
https://www.visualcapitalist.com/visualized-the-state-of-central-bank-digital-currencies/
2. Retail e-rupee pilot begins tomorrow: Here's what you can expect from it
https://www.business-standard.com/article/finance/retail-e-rupee-pilot-begins-today-here-s-what-you-can-expect-from-it-122113000229_1.html
3. 105 Countries are Exploring CBDCs and 11 Have Already Launched Them
https://expose-news.com/2022/11/29/105-countries-are-exploring-cbdcs/

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