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IJSDR
INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15

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Volume 9 | Issue 3

Impact factor: 8.15

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Paper Title: Cryptocurrencies: Challenges and Opportunities in India
Authors Name: Ankita Kumari , Dr. Pavnesh Kumar
Unique Id: IJSDR2210129
Published In: Volume 7 Issue 10, October-2022
Abstract: Cryptocurrency helps cutting down the cost of transactions and helping save money on each transaction. Therefore, cryptocurrency transactions significantly enhance digital payments, cutting down the cost of each transaction and time. Now, cryptocurrencies offer us with certainty, rendering them a desirable investment opportunity in the future. Here, this study gives an attempt to review Cryptocurrency. The digital currency of the 21st Century moves in the form of cryptographic codes between people or institutions connected to peer-to-peer networks (P2P). Blockchain Technology plays a vital role in the flow of cryptographic codes among various nodes in the P2P networks to convert into Cryptocurrency in the decentralized ledger environment. This paper investigates the working of Cryptocurrency and its challenges and opportunities to the Indian Economy. We used secondary data to get the desired results in the present research work. The impact of cryptocurrencies on the Economy, although the transaction volumes and market values of cryptocurrencies are increasing, making it easier for people in different countries to pay each other, negating financial borders currently controlled by banks and governments.
Keywords: Cryptocurrency, Digital assets, Digital currency.
Cite Article: "Cryptocurrencies: Challenges and Opportunities in India", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 10, page no.760 - 763, October-2022, Available :http://www.ijsdr.org/papers/IJSDR2210129.pdf
Downloads: 000336258
Publication Details: Published Paper ID: IJSDR2210129
Registration ID:202251
Published In: Volume 7 Issue 10, October-2022
DOI (Digital Object Identifier):
Page No: 760 - 763
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

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