2018Indian Journal Of Applied ResearchRequires access

Bitcoin: A Digital Currency

V M Jasmine

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Abstract

Fast changes are being happening in the area of digital currency. Bitcoin a virtual currency is the recent attraction for investors. There is ambiguity with regards to its functioning, safety and related aspects. This paper is an attempt to understand the concept, merits and demerits of this crypto currency. Here an effort has been taken to familiarize its features, benefits and drawbacks of Bitcoin.

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What this paper is about

Fast changes are being happening in the area of digital currency. Bitcoin a virtual currency is the recent attraction for investors. There is ambiguity with regards to its functioning, safety and related aspects. This paper is an attempt to understand the concept, merits and demerits of this crypto currency. Here an effort has been taken to familiarize its features, benefits and drawbacks of Bitcoin.

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Available abstract

Fast changes are being happening in the area of digital currency. Bitcoin a virtual currency is the recent attraction for investors. There is ambiguity with regards to its functioning, safety and related aspects. This paper is an attempt to understand the concept, merits and demerits of this crypto currency. Here an effort has been taken to familiarize its features, benefits and drawbacks of Bitcoin.

Key concepts: Currency, Virtual currency, Digital currency, Business, Cryptocurrency, Commerce, Economics, Computer science

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