| dc.contributor.author | KUMAR, VIVEK 19GSOB1010270 | |
| dc.contributor.author | BIRLA, YASH 19GSOB1010225 | |
| dc.contributor.author | RAJ, YASH 19GSOB1010422 | |
| dc.contributor.author | KHAN, ANAM Supervisor | |
| dc.date.accessioned | 2022-10-31T05:19:01Z | |
| dc.date.available | 2022-10-31T05:19:01Z | |
| dc.date.issued | 2022-04-10 | |
| dc.identifier.citation | CRYPTO WORLD, BANKING, BLUEPRINT | en_US |
| dc.identifier.uri | http://10.10.11.6/handle/1/10346 | |
| dc.description | Cryptocurrency is a digital means of exchange that is produced and kept on the
blockchain, using encryption techniques used to manage the creation of monetary
units and verify payment transfers. The most famous example is Bitcoin.
- It has no intrinsic worth because it can't be exchanged for another commodity
like gold.
- It doesn't have a physical form and only exists in cyberspace.
- There is no central bank controlling its supply, and the network is fully
decentralized. | en_US |
| dc.description.abstract | In early January, National banks and federal savings associations can now perform
payment operations using public blockchains and stable currencies, according to
the OCC. This enables banks to execute payments significantly more quickly and
without the use of a third-party intermediary. This letter basically categorises
blockchain networks as SWIFT, ACH, and Fedwire, opening the path for their
incorporation into the larger financial environment.
Banks may be afraid of cryptocurrencies because they feel trading them raises risk
and necessitates time-consuming and expensive due diligence. Digital currencies,
on the other hand, may help financial organizations and their consumers in a
variety of ways. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | GALGOTIAS UNIVERSITY | en_US |
| dc.subject | BLUEPRINT | en_US |
| dc.subject | BANKING | en_US |
| dc.subject | CRYPTO WORLD | en_US |
| dc.title | BANKING BLUEPRINT FOR THE CRYPTO WORLD | en_US |
| dc.type | Article | en_US |
