IS FUTURE A RULE OF DIGITAL CURRENCY???Journal: INTERNATIONAL JOURNAL OF RESEARCH -GRANTHAALAYAH (Vol.8, No. 8)
Publication Date: 2020-08-31
Authors : Hariharan Narayanan;
Page : 96-106
Keywords : Digital Currency; E-Money; Cryptocurrency; Virtual Currency; Fiat Currency; Bitcoin;
Digital Currency (DC) is a form of currency that is available in digital or electronic form and not in physical form. Digitalization has remodeled money and payments systems. Although digital money itself is not new to modern economies, digital currencies now facilitate spontaneous peer-topeer transfers of value in a way that was formerly impossible. Digital currency has already materialized in a variety of contexts. Digital Currency is an extent put away in a dispersed database on the Internet. This study is toted with the objective to highlight the concept of digital currency, its various forms, evolution and growth, global impact, impact during COVID19 and the future of digital currency. This is an historical descriptive study which flashes the opinions given by distinctive researchers and disparate financial consultants and central banks.
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Last modified: 2020-09-15 18:12:14