Paper Title
Cryptocurrency creation for entrepreneurial finance and crowdfunding
Article Identifiers
Authors
Kunal Kakade , Aadarsh Sanap , Mohit Patil , Vaibhav Ingawale
Keywords
Cryptocurrency, crowdfunding, entrepreneurial finance, crypto assets.
Abstract
Cryptocurrencies have arisen as a cutting-edge and disruptive type of financial innovation that has the power to completely change the way crowdfunding campaigns and business owners generate money. The demand of cryptocurrency technology allows us to create secure, trusted and decentralized apps. Crowdfunding is a way of collecting currencies online by using small sum of capital from many individuals. The present websites don't offer the Contributor Assured Policy and don't give donors any control over their donated funds which is the primary issue with them. Therefore, we can offer a safe, secure, and transparent method for crowdfunding by using cryptocurrency system. Through the easily reachable social media and crowd funding websites, it is feasible to attract investors and entrepreneur. Our research considers how the development of cryptocurrencies may affect crowdfunding and entrepreneurial finance and analyses how cryptocurrencies might give entrepreneurs access to international capital, improve transparency, lower transaction costs, and use smart contracts for crowdfunding campaigns are part of this. The problems and dangers of creating cryptocurrencies, including as market volatility, security concerns, and regulatory issues, are also covered in the study.
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How To Cite (APA)
Kunal Kakade, Aadarsh Sanap , Mohit Patil, & Vaibhav Ingawale (May-2023). Cryptocurrency creation for entrepreneurial finance and crowdfunding. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(5), g568-g570. https://ijnrd.org/papers/IJNRD2305671.pdf
Issue
Volume 8 Issue 5, May-2023
Pages : g568-g570
Other Publication Details
Paper Reg. ID: IJNRD_196910
Published Paper Id: IJNRD2305671
Downloads: 000121977
Research Area: Computer EngineeringÂ
Country: Pune, Maharashtra, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2305671.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2305671
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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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