Paper Title
BitCoin
Article Identifiers
Authors
Ansari Afroz Jalil Ahmed , Sayed Abdul Azhar Salim Hussain , Shaikh Imran Gulam Mohideen , Lanjekar Javed Umar
Keywords
Bitcoin, Nakamoto, cryptocurrency, altcoins, blockchain, ethereum and security.
Abstract
Along the history, people organised in communities needed payment means in order to exchange goods or deliver services. From beads and feathers to metal and paper money they have always improved the way transactions were made. The invention of the Internet opened new doors in the field of payments, through the quick access to information and the emergence of significant international online communities. The members of these communities became aware of the importance of decentralising the way they acquire goods or services, thus eliminating the middlemen. Cryptocurrencies represent the response of these communities to he old centralised means of payment, controlled by the bankers, politicians and interest groups. Our paper aims to analyse the cryptocurrency phenomenon revealing some of its advantages and disadvantages, to increase the awareness on the topic. We based our research on the existing literature, the relevant international databases, the official positions of the financial and regulatory institutions on the analysed matter.
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How To Cite (APA)
Ansari Afroz Jalil Ahmed, Sayed Abdul Azhar Salim Hussain, Shaikh Imran Gulam Mohideen, & Lanjekar Javed Umar (October-2018). BitCoin. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 3(10), 25-28. https://ijnrd.org/papers/IJNRD1810008.pdf
Issue
Volume 3 Issue 10, October-2018
Pages : 25-28
Other Publication Details
Paper Reg. ID: IJNRD_180182
Published Paper Id: IJNRD1810008
Downloads: 000121996
Research Area: Computer EngineeringÂ
Country: Panvel, Maharahstra, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD1810008.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD1810008
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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