Finance

Business

Financial transaction

The Internet

Epistemology

World Wide Web

Clearing

Philosophy

Currency

Cryptocurrency

Financial market

Economics

Programming language

Computer science

Normative

Monetary economics

Computer security

Industrial organization

Virtual currency

Digital currency

Commerce

Database transaction

East Asian Journal of Multidisciplinary Research

Technology advances at a rapid rate, and the success of a given technology is almost solely dictated by the market upon which it seeks to improve. Cryptocurrencies may revolutionize digital trade markets by creating a free flowing trading system without fee. The rapid development and growth in the field of information and communication technologies has changed our day to day life. Not only day to day it has changed our traditional pattern of banking and financial transactions. This advancement of information communication technology has helps to use of paper work activities into digital operations. The upgraded technologies have also changed the pattern of financial transactions as well as created a new form of money. Cryptocurrencies are not likely to replace traditional fiat currency, they could change the way internet connected global markets interact with each other, clearing away barriers surrounding normative national currencies and exchange rates. Cryptocurrencies may revolutionize digital trade markets by creating a free flowing trading system without fees. Bitcoin is presented which illuminates some of the recent events and movements that could influence whether bitcoin contributes to a shift in economic paradigms.

Analysis of Cryptocurrency, Bitcoin and the Future