UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 5
May-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1805559


Registration ID:
182497

Page Number

836-838

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Title

Cryptocurrency: An Innovative Investment

Abstract

Abstract: Other than the paper currency or physical currency, the innovative developments have lead to the emergence of a virtual currency, referred to as cryptocurrency. It can be briefly described as a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009. For crypto currencies to become more widely used, they have to first gain widespread acceptance among consumers. While the number of merchants who accept crypto currencies has steadily increased, they are still very much in the minority. The concept is still unknown to many except for the technologically adept. The study aims at analyzing the future of cryptocurrency, especially Bitcoin in India. It also tries to review it as as Innovative investment alternative alongwith the risk associated with it. The paper provides further scope for analyzing the invasion of digital currency on a continuum basis.

Key Words

Cryptocurrency, Bitcoin, digital currency, investment.

Cite This Article

"Cryptocurrency: An Innovative Investment", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 5, page no.836-838, May-2018, Available :http://www.jetir.org/papers/JETIR1805559.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Cryptocurrency: An Innovative Investment", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 5, page no. pp836-838, May-2018, Available at : http://www.jetir.org/papers/JETIR1805559.pdf

Publication Details

Published Paper ID: JETIR1805559
Registration ID: 182497
Published In: Volume 5 | Issue 5 | Year May-2018
DOI (Digital Object Identifier): http://doi.one/10.1729/IJCRT.18024
Page No: 836-838
Country: Jhansi, Uttar Pradesh, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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