Digital Currency Will Be helpful In this current pandemic

After the Chronic condition and the corona spreading process is rapidly increase by touching process the international settlements are force to think about the the adoption of the the digital payment and use of the the digital currencies over the central banks.

This decision was taken over the high research about the virus are transmitted though a source or medium and the main source for this transmission can be a bank Note which travel from hand to hand in second which can be a big reason for spreading the virus and will be cause a big problem.The should be a step taken which can reduce this transmission in the public relation with the note.

Some on the uneducated people who must face lots of difficulties to withdraw or cash the money so for those members the central bank must provide a special team which will take the responsibility to help those members to cash out the money ,Its really important to control on the use of the hard money , because the digital payment will be more helpful in the Pandemic,the only want that the central bank will take all the responsibility TO make it helpful for every one who want to be safe and give a helping hand to fight against the Pandemic.

As from the recent news United states of america also announced to launch their digital currency soon because that will be the easy way to make any payment and it will be more secure and faster.

Most of the countries the shops and stores refuse to accent the bank notes and they prefect to either direct Atm transfers and or other digital currencies transfer were preferable, So if the world can come to unite and they decide to push the digital currency system which will make it more easy to keep the records of everything , The only think some of the country like most of the country in the central Asia and the south Asia that people are not allowing the blockchain use , because its has a transparent transaction but there is not such records who are the owner of how much worth, that is making it tough for the Governments to accept it as a local currency and can be used openly in the market to make trades of Goods to purchase in all kind of stores.

The use of the digital currency is time saving as well if you have 1 million of cash in different bank note its also very time consuming to count them and the fraud is also possible you have to check the notes that they are original or not that is also the risk , and in order to use the digital system you will have a figure in from of you you can even transfer just by a single click or scanning a QR code.