Artificial Intelligence Recognition and Implementation of Bitcoin based Central Bank Digital Currency through Embedded System

Abstract

The Central bank digital currency plays an important role in the national economic development of a country. The central bank digital currency is adopted with the increase in the development of digital currency and blockchain technology. The management of digital data to adopt transparency and accountability is obtained through the blockchain technology. The blockchain technology is the fundamental attribute for internet of things that performs on the embedded system. The ledger of transaction is visible to both the members involved in the banking system through the blockchain technology. The privacy with transparency in the transaction is obtained through the peer to peer protocol. To increase the data storage with flexibility, accuracy in transactions with transparency, evolving privacy and transparency, the digital currency in commercial bank using blockchain technology is implemented.