A DETAILED STUDY OF CRYPTOCURRENCY USING BLOCK CHAIN TECHNOLOGY

Darshan P R , Prashanth Kumar R , Pradeep G S

Block Chain, Cryptocurrency, wallet

With the help of a secure distributed ledger built on blockchain technology and transaction mining, crypto currencies have evolved to be a big economic ecosystem. The idea of a cashless society is introduced via digital wallets. However, its popularity is associated by growing security issues, such as a rise in identity theft, which can cause more serious issues and risk user anonymity. Applying cryptography to strengthen the security of Bitcoin and other decentralised digital currency systems and reduce the amount of assaults on either channels of communication or system storage is one solution to these issues. By making new types of disinter mediated digital platforms possible, blockchain technology is upending civilization. The Block chain distributed ledger's mining process adds records of previous transactions, enabling users to come to a safe, growing consensus for each transaction. . Digital value exchange between users is possible without the intervention of a third party. In the light of Islamic viewpoint on a third party by using a crypto currency. As a result, countries may decide to transition from traditional financial transaction activities to electronic financial transaction activities.

Published Paper   E-Certificate

"A DETAILED STUDY OF CRYPTOCURRENCY USING BLOCK CHAIN TECHNOLOGY", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.8, Issue 3, page no.179 - 181, March-2023, Available :https://ijsdr.org/papers/IJSDR2303029.pdf

Volume 8 Issue 3, March-2023

Pages : 179 - 181

Paper Reg. ID: IJSDR_204265

Published Paper Id: IJSDR2303029

Downloads: 000347440

Research Area: Computer Science & Technology 

Country: Shimoga, Karnataka, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2303029

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2303029

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition