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The Digital Rupee: An Important Tool to Promote Financial Inclusion

The ongoing COVID-19 pandemic has undoubtedly confronted the whole world with an unprecedented challenge, but, at the same time, it has turbocharged a financial technology (Fintech) revolution worldwide. COVID-19 is changing consumer behavior, quite likely forever, and the banking and financial services industry urgently needs to adapt. Digital transformation has quickly become the top priority for those countries not wanting to be left behind. One of the areas that has boosted these last few months is that of Central Bank Digital Currencies (CBDCs).

In the article, The Digital Rupee: An Important Tool to Promote Financial Inclusion, Dr. Oriol Caudevilla explores India’s journey towards CBDC in relation to other Asian countries.

Oriol Caudevilla
Oriol works as a Management Consultant at AirHelp, Advisor for a Hong Kong-based FinTech company, ixFintech, Strategic Advisor at a Hong Kong-based WealthTech company, ETFCool, Strategic Advisor at ScallopX and FinTech Mentor at F10 Incubator & Accelerator, Singapore. Oriol is member of the Blockchain, Digital Banking and Greater Bay Area Committees at the Fintech Association of Hong Kong (FTAHK), as well as the Singapore Fintech Association (SFA). He is Fellow at the Digital Euro Association (D€A) and at the Singapore University of Social Sciences (SUSS), and Member of the Advisory Council at the Blockchain Council.