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Study on prospects and challenges of cryptocurrency in India.

Authors :
Balaji, Ch.
Palli, Maheswari
Vasavi, P.
Source :
AIP Conference Proceedings. 2023, Vol. 2821 Issue 1, p1-8. 8p.
Publication Year :
2023

Abstract

Due to the fast development of facts and conversation technology, A tremendous increase in the number of online users has reactivated digital word concepts and spawned a new business phenomena known as cryptocurrencies to facilitate financial activities such as shopping, selling, and buying. ccryptocurrency is a web-based medium of trade which uses cryptographical features to conduct financial transactions. ccryptocurrencies leverage blockchain technology to benefit decentralization, transparency, and immutability. The use of virtual foreign money has come to be huge in lots of exclusive systems in latest years. This paper investigates users' confidence in interacting with cryptocurrency at a time when the use of such virtual currency is not entirely regulated. it identifies investors perspective, Government perspective, corporate perspective on cryptocurrency. it investigate State of cryptocurrency in India and global. And to identify which source is best for investing stock exchange or cryptocurrency. Aimed to study the challenges and uses of cryptocurrency in India. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
2821
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
173743754
Full Text :
https://doi.org/10.1063/5.0158540