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- Title
Review Paper on Emergence of Bitcoin in India, its Technological Aspects and Legal Implications.
- Authors
T., Swamy; Shukla, Pramanshu; Iyer, Shreyas Ganesan; Gupta, Rishi
- Abstract
India is witnessing an epidemic growth in the field of digital payment these days. With the advancement of technology, e-commerce giants are establishing themselves, which hints of a massive surge in the acceptance of digital payment in the form of bitcoins. Bitcoin is a digital code which is hidden in "data blocks" and could be mined by solving those datablocks. It allows the transactions to be performed without any centralized banking system. It was started by Satoshi Nakomoto in 2009. A tremendous amount of research has been done in this field but that is just a drop in an ocean and there is still a lot to achieve. Limited number of published literature creates a demand for further research in this area. This paper mainly aims at reviewing the available literature work and creates a framework for further studies in this field while summarizing the challenges faced in using bitcoins and its future aspects.
- Publication
Global Management Review, 2016, Vol 10, Issue 3, p55
- ISSN
0973-9947
- Publication type
Academic Journal