The Awareness of Cryptocurrencies in South India

Vol-3 | Issue-12 | December 2018 | Published Online: 10 December 2018    PDF ( 220 KB )
Author(s)
Anjali Paliyali 1; Diksha Kundu 2; Anuhya Nature 3

1B.com F&A, Department of Professional Studies, Christ (Deemed to be University) (India)

2B.com F&A, Department of Professional Studies, Christ (Deemed to be University) (India)

3B.com F&A, Department of Professional Studies, Christ (Deemed to be University) (India)

Abstract

The word cryptocurrency has become the most speculated topic in the recent two years. With disruptive technology in place, these digital “currencies” have become a household name. The year 2017 saw a massive 2000% rise in the value of bitcoins, throwing light into what cryptocurrencies are and the underlying blockchain technology they work on. However, India accepting this form of currency as legal tender is a distant possibility. This study was undertaken to understand the level of awareness about cryptocurrencies among a sample of individuals of various age groups from South India. The statistical tool used to find the association between age, educational qualification and sex as against awareness, was correlation.

Keywords
Cryptocurrency, Bitcoin, Awareness, Blockchain technology, South India
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