Can Digital Currency tackles Corruption ?
Corruption can also be fought by the right scientific precautions. For instance, a national government might build a server that will store each and every details and important data of currency.
The following advantage can be possible by digitalise the currency :
# One step ahead towards " Digital India "
# Total elimination of Corruption.
# Fake currency can be trace easily.
# The flow of currency can be easily trace.
# The Government Officer/In- Charge will be afraid of taking B.C/QR enable currency as bribe.
# The flow of Currency can be easily trace through B.C./ QR code enable currency counting machine .or B.C/QR code apps enable Smart phone .
# While many startups tend to focus only on mobile apps, each individual can take record of each currency in his/her own data-base by scan through Smart Phone .
# Central server can take record the flow of currency while the transition takes place in bank or ATM machine.
# Each individual can take helps of central server if he/she have any doubt in fake currency.
# Last forever a “Golden Era “ can be possible. more
The following advantage can be possible by digitalise the currency :
# One step ahead towards " Digital India "
# Total elimination of Corruption.
# Fake currency can be trace easily.
# The flow of currency can be easily trace.
# The Government Officer/In- Charge will be afraid of taking B.C/QR enable currency as bribe.
# The flow of Currency can be easily trace through B.C./ QR code enable currency counting machine .or B.C/QR code apps enable Smart phone .
# While many startups tend to focus only on mobile apps, each individual can take record of each currency in his/her own data-base by scan through Smart Phone .
# Central server can take record the flow of currency while the transition takes place in bank or ATM machine.
# Each individual can take helps of central server if he/she have any doubt in fake currency.
# Last forever a “Golden Era “ can be possible. more
Viewed by 16
Hope the Govt ensures that Printing on the Plastic is permanent. Otherwise, you may find that your banknote just went blank! more
Dec 22
Plastic currency is a good idea . Small country like Maldives are also introducing plastic notes this year end. So why not India? more
Dec 21
And first thing is make all government payments and billing through online and Banking only to department accounts through which we can have accountablity more
Nov 25
introduce plastic money maximum to reduce paper currency printing to save a lot of govt budget . also to make 100 % money transaction through banks and plastic cards hope this will reduce corruption some what. more
Nov 25
