Interpreting India

Jonathan Dharmapalan Answers: How Might Central Bank Digital Currencies Change the Way We Transact?

Episode Summary

What would a cashless India and world look like? Jonathan Dharmapalan joins Carnegie India's Rajesh Bansal to shed light on Central Bank Digital Currencies, which are meant to act as a replacement for cash. Together, they unpack what digital currencies are, and how they could affect the way we transact.

Episode Notes

What would a cashless India and world look like? Jonathan Dharmapalan joins Carnegie India's Rajesh Bansal to shed light on Central Bank Digital Currencies, which are meant to act as a replacement for cash. Together, they unpack what digital currencies are, and how they could affect the way we transact. 

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EPISODE CONTRIBUTORS

As founder and CEO of eCurrency, Jonathan Dharmapalan provides technology solutions to central banks to issue digital currencies. He was most recently Head of Ernst & Young’s Global Telecommunications Practice and Chair of its Mobile Money Office. Prior to his appointment to the global leadership role, Jonathan was Partner in Charge of EY’s Telecoms Center in Beijing, China.

 Rajesh Bansal leads Carnegie India's Tech & Society program to find ways in which digital financial technologies can be made more inclusive.  His research focuses on financial technologies, particularly electronic payment systems, electronic cash transfers, and digital financial services to enable inclusive development. He leads the center’s technology and society program.

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Additional Reading:

1. Govt can ban Bitcoin but for ‘digital rupee’ to succeed, India has to do a lot by Rajesh Bansal and Prateek Jha

2. Committee on Payments and Market Infrastructures by Bank of International Settlements

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