Bitcoin: The future of money

Shivam Bhatia, S. Chethan

Research output: Contribution to journalArticle

Abstract

We live in a civilized society that thrives on commerce; nothing can be bought for free. Hence, we all value money, some more than the other. Money creates a sense of security; it provides a medium to acquire resources that eventually help us to fulfill everything from our basic needs to our highest accomplishments. Crypto currency is a digital or virtual currency that incorporates cryptography for security. Bitcoin is a form of digital currency, created and held electronically. In this study, we will discuss in detail about the Bitcoins, its benefits and drawbacks and applications of Bitcoins.

Original languageEnglish
Pages (from-to)6215-6218
Number of pages4
JournalJournal of Engineering and Applied Sciences
Volume12
Issue numberSpecialissue2
DOIs
Publication statusPublished - 01-01-2017
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Engineering(all)

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