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ISSN 2063-5346
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THE GROWTH OF CRYPTOCURRENCY USING BLOCKCHAIN TECHNOLOGY

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A. Saisree, Ch. Charan Kumar Reddy, Nikhat Parveen
» doi: 10.48047/ecb/2023.12.si7.754

Abstract

Although cryptocurrency is not illegal, it is unregulated. It must be properly managed to be reliable for banking activities as well. Other policies are imposing new regulations, either by raising the fees or forcing businessmen to leave the country in search of profitable opportunities. This fear drives them to use digital currency, making their transactions more secure and faster. We talk about distributed ledger (blockchain) technology for cryptocurrencies. We look at the 'monetary' characteristics of cryptocurrencies and discuss some of the factors that have led to their acceptance. In this, we explained the digital currency forms, tools, Investors tools, Crypto-tech growth market, Overview of the market, trends in the market, Blockchain Technology Adoption is Growing at a Rapid Pace, Alternative Currency Types, Blockchain Function, The Benefits of Blockchain-Enabled Digital Currency, Prevents the Adoption of Blockchain-Enabled Digital Currency for the growth ofcrypto.

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