Prasanna Lohar
CIO & President
Diamante Blockchain & India Blockchain Forum
Biography
About the company
Diamante Blockchain Inc is a global, decentralized finance platform successfully implementing and developing a competitive blockchain-enabled ecosystem for cbdc , trade, payments, and financing. India Blockchain Forum (IBF) is a company of thought leaders and key influencers in Indian Blockchain Industry. It draws leaders from policymakers, Industry association, Corporate leaders, Startup founders and ecosystem enablers. IBF has a singular mission of making India a blockchain powerhouse by building an enabling environment for collaboration between multiple stake holders in the Web3.0 ecosystem.
Presentation
Central Bank Digital Currencies (CBDCs) represent a transformative shift in finance, offering a state-backed digital alternative to cash. This presentation covers the fundamentals of CBDCs, including their definition, purpose | usecases , and underlying technology. It explores trends around the world driving CBDC adoption, such as financial inclusion and enhanced transaction efficiency. Key use cases include cross-border payments, retail transactions, and financial stability. The value of CBDCs lies in their potential to reduce costs, increase transparency, and streamline monetary policy. Let's understand Best practices from global projects and central banks include robust cybersecurity measures, user privacy protection, and interoperability with existing financial systems. For a global audience, understanding CBDCs is crucial as they could reshape financial systems, promote economic resilience, and drive innovation in digital payments.