ANALYTICAL STUDY ON BLOCK CHAIN TECHNOLOGY WITH REFERENCE TO CRYPTO CURRENCY AND AN OVERVIEW ON INDIA’S OWN CRYPTO CURRENCY

This paper concentrates on how the era of Crypto currency works and how it may have drastic effect on Indian economy. Crypto currency is not only gaining the pace but it has also entered into the small loops of Marketing, Social Media, Gaming and Professional Business. The Block chain method followed by the Crypto currency is not very prolix but it has proved to be the next generation technology already. This paper includes the detailed technology of Crypto currency and also describes the effect of the technology on Indian society especially the middle and poor level of the mass. A crypto currency is digital asset which proves to be an exchange medium. The crypto currencies tend to be implemented using technology called block chain. This technology allows transactions that use the crypto currency to occur in decentralized and distributed manner.