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How Blockchain technology can make UPI a Global Payment System?

How Blockchain technology can make UPI a Global Payment System?

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  • GS 3 || Science & Technology || Fourth Industrial Revolution || Internet of Things

Why in the news?

Blockchain technology can make UPI a Global Payment System

Mains oriented question:

Till now, the Blockchain has been thought of as a technology that enables the world’s Bitcoins and Ethereums. However, it has enormous potential to revolutionise other important sectors, such as education. Discuss.