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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM32451

Decentralized Digital Wealth: Exploring Bitcoin's Methodological Landscape

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM32451

Volume:

8 |

5 |

May 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

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Prof. Seema Idhate

IP

Ishani Patil

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Abstract

An encrypted peer-to-peer network called cryptocurrency was created eight years ago to enable digital barter. The first and most well-known cryptocurrency, Bitcoin, is setting the way as a disruptive technology to established and unaltered financial payment systems that have been there for many years. Cryptocurrencies might alter the way global markets connected by the Internet communicate with one another, removing obstacles related to normative national currencies and exchange rates, even though they are unlikely to replace traditional fiat money. Technology is developing quickly, and the market it aims to improve upon almost entirely determines a given technology’s success. By establishing a fee-free, open-market trading environment, cryptocurrencies have the potential to completely transform online trade markets. Through a fee-free, open-market trading environment, cryptocurrencies offer a pathway towards reshaping online exchange flow, enabling people and businesses alike. This report digs into the advancing scene of cryptocurrency innovation and its suggestions for long run of digital commerce.

KEYWORDS

Cryptocurrency Bitcoin Encrypted Currency Bit pay Exchange Rates Blockchain Proof of Work Market Dynamics.

Cite This Article

Prof. Seema Idhate, Ishani Patil, "Decentralized Digital Wealth: Exploring Bitcoin's Methodological Landscape," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 5, May 2024.

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Publication Date

12/31/45422

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Double-Blind Peer Review

Review Rounds: 2

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