• Previously, sending or receiving payments across borders required more money. Digital currency promises flexibility and economic progress by overcoming global borders. In addition to the broader picture, it would be economical, simple, and quick.
• Digital currencies have the potential to increase trade and provide several options for governments to improve their financial health. Without a doubt, digital currency is establishing its position as the preferred currency for future generations.
• The purpose is to identify and quantify the benefits to consumers, banks, payment sector operators, and the overall economy. Cryptocurrencies, the most well-known of which is Bitcoin, are built on Blockchain technology, a decentralised method for registering transactions and assuring their immutability over time, which eliminates the need for central intermediaries to authorise transactions.

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