🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Saksham

 • 

Bebyond • 1y

Some facts about Chinese CBDC: 1. Privacy & Surveillance: It enables government tracking of transactions, raising significant privacy concerns and allowing deep insights into users' financial behaviors. 2. Limited Anonymity: Offers “controllable anonymity,” with authorities able to identify users, unlike the full anonymity of cash. 3. Financial Control: Programmable to restrict specific purchases or set expiration dates on funds, limiting individual financial freedom. 4. Data Sovereignty: Foreign businesses may face compliance and oversight issues, as data on cross-border transactions could be subject to Chinese data laws. 5. Cybersecurity Risks: Vulnerable to cyber-attacks, potentially compromising sensitive user data. 6. Global Interoperability Issues: Not aligned with international standards, causing challenges in global trade and limiting acceptance outside China. Launch of CBCDs saw huge protests and people switched to Cash. CBDCs aren't a solution, its a way to monitor.

Reply

More like this

Recommendations from Medial

Mridul Das

Introvert! • 1y

So 🇮🇳's IT minister said, "We will soon host DeepSeek on Indian servers. It is an open-source model like LLama. Data privacy issues regarding DeepSeek can be addressed by hosting open source models on Indian servers," says Ashwini Vaishnaw. it has

See More
Reply
3

Fact from youtube

Listen to interestin... • 1y

Data privacy and security are crucial issues in the digital age.#privacymatters #securedata #digitalprivacy #cybersecuritynow #dataprotection #privacyawareness #techsecurity #safedigitalworld #onlinesafety #guardyourdata #privacyfirst #infosec #secur

See More
Reply
7

Priyansh Khimani

AI Automation | Grow... • 11m

🚨 Breaking Tech Update The U.S. begins its crackdown on DeepSeek — a Chinese AI chatbot app — with Texas becoming the first state to officially ban the app from government devices. Texas Governor Greg Abbott expressed serious national security con

See More
Reply
3
Image Description

Picclash

Add photo in competi... • 10m

In today’s digital age, social media platforms like Instagram, TikTok, Facebook, and X have become an important part of our lives, but what is their cost? These platforms compromise the privacy and security of our data. Issues like data leaks and low

See More
4 Replies
1

Shuvam Sarkar

Building Ryyt • 9m

Hi Everyone. We are building RYYT. A social first platform making reliable financial guideance accessible while ensuring privacy through anonymity. We are looking for Developers and AI experts to join our founding team in exchange for equity. Re

See More
Reply
2

akhila msr

Hey I am on Medial • 1m

Know in Detail About the Generational Equity Lawsuit: Data Breach, Legal Issues, and Impact In recent years, the Generational Equity Lawsuit has drawn significant attention due to serious concerns surrounding data privacy and cybersecurity. Followin

See More
Reply
1
Image Description
Image Description

PRATHAM

Experimenting On lea... • 9m

Google Pays $1.38 Billion for Stealing Your Data Texas fined Google with $1.38 BILLION for breaking privacy, It's the largest ever by a single U.S. state. it's all because Google was secretly ( not so secretly I guess as we all knew about this )

See More
2 Replies
8
2

Maniraj N G

Marketing & Systems ... • 1y

📊 Why Revenue Modeling is Critical for Your Business – Backed by Data 📊 Revenue modeling isn’t just a forecasting exercise – it’s a roadmap for growth, stability, and innovation. Here's why it matters, with data to back it up: 1️⃣ Predicts Future

See More
Reply
1
Image Description

Shuvam Sarkar

Building Ryyt • 9m

Hi Everyone. We are building RYYT. A social first platform making reliable financial guideance accessible while ensuring privacy through anonymity. We are looking for Developers and AI experts to join our founding team in exchange for equity. Re

See More
1 Reply
17

Download the medial app to read full posts, comements and news.