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A Collaborative Report on India’s Central Bank Digital Currency

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Delhi, India, 11th November 2024, ZEX PR WIRE, India’s financial system is changing fast with the launch of the Digital Rupee, highlighted in a new report by Hashtag Web3 called Central Bank Digital Currency in India. This report, created with insights from 30 experts and members of the Web3 community, is a useful guide to understanding India’s move towards a digital currency. The report covers several important topics, including the rapid rise of digital payments through UPI, which recently saw over 1,650 crore transactions in just one month. It explains how a digital currency could help with financial inclusion and make cross-border payments easier. A key point is that the Digital Rupee could help bring financial services to around 19 crore Indians who don’t have access to banks.

CBDC in India

One major focus is financial inclusion, where the Digital Rupee’s offline features could make it possible for nearly 20% of India’s unbanked population, especially in rural areas, to access secure financial services. The report also looks at global comparisons, analyzing India’s approach alongside China’s digital yuan, which already has 260 million users, as India aims to achieve a similar scale. It discusses privacy and security, pointing out that while a digital currency increases transparency, it’s important to protect people’s privacy to build trust. Another section examines how the Digital Rupee could impact traditional banking, exploring changes it might bring to savings, loans, and the financial industry in India’s digital future.

“India has led a digital payments revolution with UPI, and the Central Bank Digital Currency could further modernize the country’s financial system,” said Vedang Vatsa, Founder of Hashtag Web3. “This report combines data-driven insights with expert opinions from our community.”

With ongoing pilot programs for both retail and wholesale uses, the report shares initial findings from trials involving over 5 million users and 420,000 merchants across India. These early observations, along with expert opinions, provide a clear view of the Digital Rupee’s real-world effects.

For anyone interested in the future of money in India, this report offers a clear and data-supported look at how the Digital Rupee could create a more inclusive, efficient, and secure digital economy.

Access the full report at hashtagweb3.com/cbdc

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Get Ready to Dive In! MFEV Coin Public Sale Is Almost Here, and It’s Expected to Be Huge

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Get Ready to Dive In! MFEV Coin Public Sale Is Almost Here, and It’s Expected to Be Huge

Get Ready to Dive In! MFEV Coin Public Sale Is Almost Here, and It’s Expected to Be Huge

If you’re in the crypto scene, you already know that MFEV Coin public sale is one of the most anticipated events of the year, and it’s finally happening TOMORROW! With over $43 million already raised in its Seed, Private, and Pre-Sale rounds, the hype for $MFEV is REAL. MFEV is about to hit the public stage, and everyone’s got their eyes on it — so, if you’re not on the list yet, here’s why you might want to think again.

Why MFEV Coin Is Blowing Up the Crypto Space

Let’s talk about what makes MFEV more than just another blockchain. This isn’t your typical platform; MFEV’s got game-changing features that make it a serious contender in the Layer 1 blockchain race:

  • Proof-of-Distribution: Unlike other consensus models, MFEV’s Proof-of-Distribution lets validators, delegators, and smart contract creators earn rewards — so everyone wins.
  • EVM Compatibility: You’ve got assets or dApps on other EVM-based platforms? MFEV’s got you. The platform is fully compatible, meaning an effortless move of your stuff from Ethereum and other chains.
  • Interoperability: MFEV is all about connecting blockchains, so users can easily transfer assets between networks — no fuss, just smooth moves.

Here’s What the Community Is Saying 💬

With 45 million Coins  sold in Seed, 80 million in Private, and a jaw-dropping 165 million MFEV Coins  snapped up during Pre-Sale, early backers have shown massive love for this project. And we’re not just talking big institutional investors — word on the street is that retail investors are ready to dive in too. The countdown is on, and the FOMO is already kicking in.

Why Gen Z Investors Are Eyeing $MFEV 🔥

Let’s be real: Gen Z investors want projects that do more than talk the talk. MFEV isn’t just another “decentralized” platform — it’s designed for accessibility and community, with low fees and high transaction speeds. The team’s focus on community engagement and reputation building shows they’re serious about making blockchain tech approachable for everyone, not just the crypto elite.

Tomorrow’s the Big Day! Don’t Sleep on This One ⏰

Here’s the bottom line: MFEV Coin public sale goes live tomorrow, and this is your chance to get in before the big wave hits. With demand soaring and momentum from the earlier rounds, this sale is expected to be 🔥. Early investors have already set the stage, and now it’s your turn to join the $MFEV movement.

How to Get In

Setting up for the sale? Get ready to act fast because these coins won’t last long. Log in, load up your wallet, and be prepared to move once the sale opens. This isn’t one you want to watch from the sidelines.

Final Words: Be Part of the Next Gen of Blockchain Tech 🏆

MFEV Blockchain is here to bring a whole new vibe to the crypto world — and the public sale is where you can step in. This is the last chance to get in at the ground floor with a project that’s already making waves. Don’t let FOMO hit you later — get in, secure your MFEV coins  , and see what the future of blockchain is all about.

Mark your calendar, set your alarm — MFEV’s public sale goes live TOMORROW! This is your moment, don’t miss it.

Official Website: https://mfev.io/ 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

ViaRT Calls Young Artists to Champion Climate Action in 2024 Upcycled Art Competition

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Singapore, 14th Nov 2024 – ViaRT is excited to introduce a new challenge for its 5th year art competition under the title “1.5 Degrees Celsius: Create against Climate Change.” ViaRT invites primary and secondary students across Singapore to join our annual art competition in response to global warming and the urgent need to act, as well as in support of the Recycle Right campaign by the National Environment Agency (NEA) to encourage the 3Rs (Reduce, Reuse, Recycle) culture. 

This year’s competition aims to ignite a creative response to the global warming crisis, emphasizing the critical 1.5 degrees Celsius limit set by the Paris Agreement. Students are encouraged to use upcycled materials to produce artworks or design items that not only showcase artistic skill but also function as potent messages for climate action.

Participants can create innovative solutions such as energy-saving devices, sustainable fashion, or artworks that vividly depict the impacts of exceeding the 1.5°C threshold or any other climate change related topic. The goal is to raise awareness and inspire action among peers and communities towards maintaining this critical limit for global temperature rise.

The submission period will begin on September 9th and conclude on November 15th, 2024. Entries will be evaluated based on their creativity, impact, and ability to convey a compelling message about limiting global warming.

The competition will include three categories: PARKROYAL COLLECTION Marina Bay Singapore Best Sustainable Message Award (for the artwork that best communicates the urgency of adhering to the 1.5 degrees Celsius limit), The Most Creative Award (for the most creative piece of artwork), and The Most Artistic Award (for the most aesthetically pleasing artwork).

Winners will receive attractive prizes, including cash rewards or staycation package from PARKROYAL COLLECTION Marina Bay Singapore, thanks to our sponsors. Furthermore, selected artworks may have the honor of being exhibited at the Sustainable Singapore Gallery in 2025.

You can find out more information about the award from our website: www.viart.green/2024-award.

About ViaRT:

Organized by Viant Commodities and Y Art Project, ViaRT Art Award encourages children to create innovative and meaningful artworks and projects using upcycled materials. ViaRT intends to be a growing movement that brings children, families, educators, and businesses together to make a positive impact on the sustainability of our environment in our community.

Media Contact

Organization: ViaRT Art

Contact Person: Ying Ji

Website: https://www.viart.green

Email: Send Email

Contact Number: +6591793103

Country: Singapore

Release Id: 14112419904

The post ViaRT Calls Young Artists to Champion Climate Action in 2024 Upcycled Art Competition appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Slipintosoft Unveils Luxurious Men’s Silk Kimono Robe Collection

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United States, 12th Nov 2024, Slipintosoft, a California-based company recognized for its high-quality silk products, announces a new addition to its line-up: a men’s silk kimono robe collection. Inspired by traditional Japanese kimono styles, the collection offers a refined take on loungewear that aligns with the brand’s principles of quality craftsmanship and sustainability.

Slipintosoft Unveils Luxurious Men's Silk Kimono Robe Collection

The new robes are crafted from mulberry silk, a natural fiber chosen for its durability, breathability, and soft, cooling feel. Slipintosoft designed each robe to provide a relaxed fit and understated elegance. In line with the brand’s sustainable approach, each garment is crafted to reduce environmental impact through carefully chosen materials and processes.

Damon, the owner of Slipintosoft, expressed the company’s perspective on the collection’s development, saying, “The men’s silk kimono robe collection represents an extension of Slipintosoft’s dedication to refined comfort. In designing this collection, the goal was to create garments that integrate seamlessly into a modern wardrobe, offering elegance and practicality. Each piece embodies both visual appeal and the unique qualities of silk as a timeless garment material.”

Slipintosoft follows sustainable practices throughout its production process. Using mulberry silk—an eco-friendly and biodegradable fiber—the company aims to provide garments that are high-quality and environmentally responsible. This commitment aligns with a wider trend in the industry toward sustainable textiles and production processes. Slipintosoft ensures that its manufacturing approach limits waste and resource use, creating garments that reflect both environmental awareness and high standards of craftsmanship.

Each robe in Slipintosoft’s new collection reflects inspiration from the traditional Japanese kimono while adapting to contemporary tastes. The design features an adaptable silhouette that combines timeless style with a versatile fit suited to various occasions. Constructed with silk’s inherent breathability and lightness, the robes allow freedom of movement while keeping wearers comfortable throughout the seasons.

Slipintosoft Unveils Luxurious Men's Silk Kimono Robe Collection

Recognizing the value of versatility in clothing, the new kimono robes are designed to transition from home to casual outings. Slipintosoft focuses on creating adaptable garments that meet both functional and aesthetic needs, supporting current fashion trends that prioritize multipurpose, versatile attire.

Slipintosoft plans to expand its range of silk garments in response to customer interest in high-quality, sustainable clothing options. The company aims to maintain its commitment to environmentally friendly production while exploring additional designs that bring silk’s natural properties to new styles.

Reflecting on Slipintosoft’s future direction, Damon added, “Slipintosoft continues to be driven by a vision of accessible, sustainable luxury. The goal moving forward is to introduce products that meet the changing needs of customers while upholding Slipintosoft’s values of craftsmanship and environmentally conscious practices. Future collections will build on the idea that high-quality luxury can align with sustainability.”

For additional information about Slipintosoft and its men’s silk kimono robe collection, interested parties may contact Damon, the owner, at Slipintosoft, Unit 1/568 N Lake Ave, Pasadena, CA 91101 USA. Damon can be reached by phone at 626 706 3918 or via email at info@slipintosoft.com.

Media Contact

Organization: Slipintosoft

Contact
Person:
Damon

Website:

https://slipintosoft.com/

Email:

info@slipintosoft.com

Contact Number: 16267063918

Address:Unit 1/568 N Lake Ave

Address 2: Pasadena, CA 91101

Country:United States

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