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Table of Contents
Introduction 1
Literature review 2
Development and cryptocurrencies 2
Scopes and objectives (Advantages and Disadvantages) 5
Methodology 6
Investigation (Analysis), Policy Implications, Recommendations. 8
Conclusion 10
Reference list 11


Cryptocurrencies are a new concept in the world of finance and banking and have the potential to change the overall functioning of the economy on a global scale. The topic of cryptocurrency is very popular nowadays and there is a lot of talk about it. From himself
the beginning of the emergence of cryptocurrencies in the past decade, and until today, there has been speculation as to whether
cryptocurrencies should be accepted as a valid method of payment or not. Despite the potential of cryptocurrencies and all the benefits they offer, they pose a threat to the traditional old system that is proven and secure. Connected to that, the goal of this
It is reported that secondary research has determined the validity of this primary issue and
arguments. The topic of this report is the origin and development of cryptocurrencies, advantages and disadvantages
(pros and cons), which is supported by theoretical arguments and facts. Related to that
discussion, cryptocurrencies have made up for the shortcomings of modern banking and thus contributed
financial market and further development and progress in general. Given that it is such a way
payments new and at a higher level, has attracted attention and become popular in the whole society.
Therefore, research has shown that cryptocurrencies have become financial competition
institutions, leading to change and progress in both fields. Banking systems have adopted everything
advantages and benefits that cryptocurrencies provide and thus improve their work and reputation.

Literature review

Development and cryptocurrencies

With the improvement of the Web and innovation, there has been a critical advancement in the monetary section. Deepika and Kaur (2017) distinguished that individuals since the beginning of time have depended on various payment frameworks, for example, trades of merchandise that couldn’t not entirely settled by esteem, through trades of gold, to the utilization of government issued currency that is impacted by expansion. With the advancement of the Web and present day advances, individuals have started to bring issues to light and confidence in web-based exchange frameworks and subsequently become quite possibly the most appealing installment strategy. With the drive and the need to foster a computerized instalment framework that happens in the immediate exchange of assets between people, the main decentralized advanced money – Bitcoin – was made. From days of yore, individuals have preffered parts strategies that are persuading and secure. With the revelation of bitcoin, the functioning guideline as indicated by which these digital money works is started, introduced as blockchain. A blockchain is

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