IME Journal
Open Access
  • Year: 2018
  • Volume: 12
  • Issue: 1and2

A Brief Study on Trends, Context & Threats of Digital Money with Special Reference to Crypto-currency

  • Author:
  • Hemant Bhanawat
  • Total Page Count: 7
  • Page Number: 61 to 67

Assistant Professor, Dept. of Commerce, Eternal University, Baru Sahib, Himachal Pradesh, 173101, India

*Corresponding Author: Dr. Hemant Bhanawat, Assistant Professor, Dept. of Commerce, Eternal University, Baru Sahib, Himachal Pradesh, 173101, India E-mail: hemantbhanawat@rediffmail.com

Online published on 2 July, 2019.

Abstract

There are many sorts of money however the bitcoin is a standout amongst the best Cryptocurrencies because of its anonymity (obscurity). Bitcoin has many names like it is known as digital currency, digital cash or alt coins. Bitcoin or BTC is known as a digital coin, issued for the 1st time in 2009 and based on a peer to peer system. Bitcoin is most generally utilized and rising currency in this day and age. Bitcoin is significant in view of its different points of interest. As a matter of first importance it is decentralized money. Its two fundamental quality are its anonymity (namelessness) and low exchange cost. So this paper talks about the bitcoin with its history and exchange strategy. Its patterns and points of view are additionally talked about in this paper. Block chain which appears to originate from the idea of Bitcoin is additionally a part of this paper.

Keywords

Bitcoin, BTC, Alternative Private Money, Block Chaining, Cryptocurrency