A case study on risk and return of bitcoin and regulation in India
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Date
2022-05-11Author
Mohammad Shadan- 19GSOB1010421
Md Suhaib- 19GSOB1010144
Meraj Ali- 19GSOB1010431
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Show full item recordAbstract
In 2009, the first state-of-the-art currency was used by Satoshi Nakamoto, which
combines the basic elements of ownership management using public key crypto with a
algorithm to keep search of who owns coins, known as "proof of work". The P2P electronic
currency version may allow to be sent directly from one person to another without visit any
bankorinstituionoranythirdparty.ItisworkontheblockchaintechnologyOrwecansayweb
3.0(bitcoin) Digital sign offer part of the solution, but the main advantages are lost when a
reliable external company is still needed to prevent double spending. The network adjusts the
timestamp by quickly accelerating a continuous series of hash-based work, creating an
irreplaceable record without resuming proof of performance, more importantly, part of the
Bitcoin test is a basic blockchain technology as a distributed consensus tool, and attention
immediatelybeginstoswitchtothisotheraspectofBitcoin.Othercommonlycitedblockchain
technology applications include the use of digital assets in the blockchain to represent custom
currencies and financialtools.
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- BBA/MBA [396]