The ability to conduct offline transactions is a vital requirement for many countries where mobile data and intelligent devices are not accessible to a large share of the population. Accordingly, the need to establish facilities, tools, and mechanisms that allow transactions to be completed in an offline operational environment is relevant for any digital money, including CBDC., says Payel Ghosh, Associate Principal Consultant, Cigniti Technologies.

Read our blog to learn more about central bank digital currency - https://www.cigniti.com/blog/central-bank-digital-currency-cbdc/

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