HARMONIZING DIGITAL CURRENCIES WITH INDUSTRY 5.0: A TRANSFORMATIVE NEXUS FOR ECONOMIC EVOLUTION

Present work assesses the impact of digital currencies on financial systems and their potential role in shaping the core principles of Industry 5.0. It embarks on an exploration of the synergies, challenges and transformative potentials arising at the intersection of digital currencies and industry 5.0. The aim is to decipher the intricate relationships and dependencies that shape this evolving nexus for economic evolution. A comprehensive framework has been proposed to integrate the digital currencies as part of the Industry 5.0 eco-system. The framework focuses on the crucial elements ranging from strategic vision, regulatory adherence, promoting cooperation as well as prioritizing the ethical considerations. Challenges for successful implementation of the framework have been identified considering the technical as well as organizational aspects. The framework will lead to a roadmap, synthesizing insights for practical guidance to the policymakers, businesses and other stakeholders to harness the transformative potential of this convergence.

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