A study on the awareness and adoption of cryptocurrency in Kerala with special reference to Kollam

Registration ID: IJNRD_224686

Published ID: IJNRD2407049

DOI: http://doi.one/10.1729/Journal.42120

Janu u , Vishnu k v , Dr.Silpa sasankan

Investment, Blockchain technology Cryptocurrency, digital currency, digital wallet

The use of cryptocurrencies has gained popularity due to their potential benefits such as decentralized control, fast international transfers, lower transaction fees compared to traditional banking systems, and protection against inflation. However, they also come with risks including price volatility, regulatory challenges in some jurisdictions, potential for fraud or hacking attacks due to their digital nature. This study attempts to observe the awareness and adoption level of cryptocurrency in Kerala with special reference to people residing in Kollam district. The research design used in this study is descriptive research .The data have been collected through Primary Data collection which involves Survey Method based on questionnaire and the personal contact method are used to get the responses of 115 persons. The result shows that mostly people are aware about the term cryptocurrency even though they don’t know about it in detail but at least heard of it and few people are there who don’t know the term cryptocurrency but know the term Bitcoin. Investors prefer cryptocurrency more for investment purpose as compared to payment option

Published Paper   E-Certificate

Janu u, Vishnu k v, & Dr.Silpa sasankan (July-2024). A study on the awareness and adoption of cryptocurrency in Kerala with special reference to Kollam. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(7), a464-a470. http://doi.one/10.1729/Journal.42120

Volume 9 Issue 7, July-2024

Pages : a464-a470

Paper Reg. ID: IJNRD_224686

Published Paper Id: IJNRD2407049

Downloads: 000122001

Research Area: Commerce

Country: haripad, alappuzha, kerala, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2407049.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2407049

Crossref DOI: http://doi.one/10.1729/Journal.42120

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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