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
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