Journal of Engineering and Applied Sciences

Year: 2017
Volume: 12
Issue: 2 SI
Page No. 6215 - 6218

Bitcoin: The Future of Money

Authors : Shivam Bhatia and S. Chethan

Abstract: We live in a civilized society that thrives on commerce; nothing can be bought for free. Hence, we all value money, some more than the other. Money creates a sense of security; it provides a medium to acquire resources that eventually help us to fulfill everything from our basic needs to our highest accomplishments. Crypto currency is a digital or virtual currency that incorporates cryptography for security. Bitcoin is a form of digital currency, created and held electronically. In this study, we will discuss in detail about the Bitcoins, its benefits and drawbacks and applications of Bitcoins.

How to cite this article:

Shivam Bhatia and S. Chethan, 2017. Bitcoin: The Future of Money. Journal of Engineering and Applied Sciences, 12: 6215-6218.

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