Journal of Global Economics

Department of Commerce, University of Lucknow, Lucknow, India

Publications

• Review Article   
  Cryptocurrency and its Impact on Indian Economy
  Author(s): Bhavana Sahu* and Hariom Divakar
  
  Cryptocurrency is an innovative concept of virtual/digital currency that has attracted substantial interest in last few years from the risk takers, profit seekers, general public and academic practitioners. Cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a RBI or government, to uphold or maintain it. Crypto typically use decentralized control as opposed to a Central Bank Digital Currency (CBDC). Crypto has turned out to be a new avenue of investment instrument in India similar to gold. The attributes of cryptocurrency framework like decentralized network, reduced dependency on cash, no intermediaries, and the lack of stable pricing factors do not let it unlock its true potential. The Indian cryptocurrency economy has been ranked second in global cryptocurrency adopt.. Read More»
  DOI: 10.37421/2375-4389.2023.11.401

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