PUBLIC PERCEPTION ABOUT ADOPTION OF (CBDC) IN PAKISTAN; A QUANTITATIVE ANALYSIS

Abstract

This study explores how human beings in Pakistan experience about the use of central bank digital currency (CBDC), that is a virtual shape of cash issued through the country financial institution. It appears at how conscious human beings are of CBDC, whether or not they agree with it, and what advantages or dangers they see in the use of it. The study additionally assessments if training ranges and present day virtual banking developments have an effect on humans’ willingness to apply CBDC. A survey changed into performed with 99 members to recognize their perspectives. The outcomes display that at the same time as many human beings understand the advantages of virtual bills, worries approximately protection, privateness, and simplicity of use nevertheless exist. The majority are inclined to apply virtual bills, however extra training and agree with-constructing are wished earlier than CBDCs may be broadly followed in Pakistan.