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The war in Ukraine has demonstrated that India needs to establish a strong domestic space economy in order to weather geopolitical storms.
Priyadarshini D. moderated a session titled Norms and Standards for Trusted Connectivity, with Hosuk Lee-Makiyama, Rene Summer, Yoichi Iida, and Arindrajit Basu to discuss the norms and standards for data governance at AESCON 2022.
A fractured global consensus on key technological and geopolitical issues could thwart much needed progress. Deepening global cooperation to develop local answers will be the way forward.
Priyadarshini D. and Sabyasachi Kar take a look at the current payments system, how sanctions work within this system, how a CBDC-based new payments system will be different, and how effective can sanctions be in the new system.
The proposal allocates a major funding increase for research, but the government needs to implement measures to stoke the private space industry.
Priyadarshini D. & co-author Sabyasachi Kar examine whether Central Bank Digital Currencies (CBDCs) can have a destabilising effect on the banking sector in India, and the possible solutions that may lie in designing CBDCs appropriately.