The digital financial revolution: How digital currencies and e-banking are reshaping the foundations of the economic system 2025
Keywords:
Digital Financial Revolution, Currencies, E-Banking, Reshaping, FoundationsAbstract
The digital financial revolution, driven by advancements in digital currencies and electronic banking (e-banking), is fundamentally transforming the global economic system. This paper examines how digital currencies, particularly cryptocurrencies and e-banking platforms, are reshaping financial interactions and challenging traditional financial institutions. It highlights the implications of decentralized currency systems, the benefits and risks associated with digital transactions, and the role of blockchain technology in enhancing transaction security and transparency. Additionally, the study explores regulatory challenges faced by governments and institutions, emphasizing the need for updated policies to safeguard digital financial ecosystems while promoting financial inclusion and accessibility. Key areas of concern include cybersecurity threats, privacy risks, and the need for inclusive design in digital financial services to bridge the gap between banked and unbanked populations. The findings underscore the importance of balancing innovation with regulation to foster a stable and inclusive digital financial environment.
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