Tag: #blockchain

The Microeconomics of Cryptocurrencies: Can a cryptocurrency become a global currency?

10 Feb 2022

by Jitasha Bahl INTRODUCTION Bitcoin is a cryptocurrency that operates on blockchain technology. In a white paper published in 2008, Satoshi Nakamoto, a pseudonym for a computer programmer or group of programmers, introduced Bitcoin as an open source, peer-to-peer digital currency (Nakamoto 2008, 2). Bitcoins have no intrinsic worth and are not backed by a … More The Microeconomics of Cryptocurrencies: Can a cryptocurrency become a global currency?

The Finance and Business World Transformation by Blockchain Technology

8 Jan 2021

By Harsh Jain & Perumalla Hari Hara Prasanna Abstract The monetary markets operate in an era of digitalisation. Digitalisation has given birth to various  currency platforms like ‘Bitcoin’, ‘Ethereum’, ‘Ripple’, etc. These currencies work on a platform which enables a digital ledger of transactions that is duplicated and distributed across the entire network of programmed … More The Finance and Business World Transformation by Blockchain Technology

Understanding Cryptocurrency and Blockchain

2 Dec 2020

By Muskaan Aggarwal and Shruti Jhawar Abstract The world is continuously undergoing revolutionary technological innovations, and the concepts of cryptocurrency and Blockchain have become an integral part of this advancement. Both cryptocurrency and Blockchain, work together in providing us with a new future. There are multiple types of cryptocurrencies competing in the market today, such … More Understanding Cryptocurrency and Blockchain

Blockchain and Smart Contracts: Through the Lens of Theories of Contract

2 Oct 2020

by Varda Saxena Abstract The release of Ethereum Blockchain in 2015 created a plethora of opportunities for Bitcoin investments and access to services or commodities. The previous bitcoin  transactions which were once merely additions or deductions in money became complex by the codification of business norms and clauses. Using Ethereum smart contracts a person could … More Blockchain and Smart Contracts: Through the Lens of Theories of Contract