Paper I · 3 General Science & Technology · 3.13 Emerging technologies
3.13.3 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.
- TGPSC MPSO / ASO · Paper I
- Standard level
- 5 min read
- Full course
Key terms
- blockchain
- distributed ledger
- bitcoin
- cryptocurrency
- CBDC
- e-rupee
- UPI
- NPCI
What this note covers
- Core factsFoundation
- ExplainedStandard
- DeeperAdvanced
- Mains writingMains writing
- Common trapsFoundation
- Quick revisionFoundation
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