Mains Paper II · 3 Science & Technology · 3.11 Emerging technologies

3.11.3 Blockchain, cryptocurrency and the digital rupee

Blockchain is a shared, tamper-resistant digital ledger; cryptocurrencies run on it without a central bank, while the digital rupee is the RBI's own official digital currency.

  • APPSC Group 2 · Mains Paper II
  • Advanced level
  • 5 min read
  • Full course

Key terms

  • blockchain
  • distributed ledger
  • bitcoin
  • cryptocurrency
  • CBDC
  • e-rupee
  • UPI
  • NPCI

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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