Overview of Crypto Currency`s Role in India

  • Dr. R. Chandrasekaran
  • K. Anitha
Keywords: Bitcoin, Cryptocurrency, Zebpay

Abstract

Cryptocurrencies are digital assets that use cryptography, an encryption technique, for security. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders—something we will discuss later. They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.

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References

Anderson, D. R., K. P. Burnham, & G. C. White. (2010). Comparison of akaike information criterion and consistent akaike information criterion for model selection and statistical inference from capture-recapture studies. Journal of Applied Statistics, 25(2), 263–82.

https://en.wikipedia.org/wiki/Cryptocurrency.

http://www.economist.com/bitcoinexplained.

Published
2018-02-28
How to Cite
Dr. R. Chandrasekaran, & K. Anitha. (2018). Overview of Crypto Currency`s Role in India. International Journal of Engineering and Management Research, 8(1), 105-110. Retrieved from https://www.ijemr.net/ojs/index.php/ojs/article/view/409