A New World of Virtual Currency: Cryptocurrency

4 Pages Posted: 31 Dec 2018

Date Written: January 5, 2019


After virtual games and friends, the world is using virtual currency. It is an alternative method of payment and digital assets. This digital currency launched in 2009, has created surge in the market and has gained attention across the world. It has gathered all appreciation and criticism. Some governments want to ban it, some countries like Hong Kong, Abu Dhabi, Australia are contemplating as to how to use this innovation. New York State Department of Financial Services of US issues “Bit License regime” for using it. The paper discusses all pro and cons of cryptocurrency.

Keywords: Cryptocurrency, Block chain, Virtual currency

Suggested Citation

Jain, Neha, A New World of Virtual Currency: Cryptocurrency (January 5, 2019). Proceedings of 10th International Conference on Digital Strategies for Organizational Success, Available at SSRN: https://ssrn.com/abstract=3308559 or http://dx.doi.org/10.2139/ssrn.3308559

Neha Jain (Contact Author)

Bhundelkhand University ( email )

Kanpur Road
Uttar Pradesh 284128, Jhansi

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