11Applications of Digital Technologies and Artificial Intelligence in Cryptocurrency -A Multi-Dimensional Perspective
W. Jaisingh1*, Preethi N.2 and R. K. Kavitha3
1School of Information Science, Presidency University, Bangalore, Karnataka, India
2Department of Data Science, Christ University, Bangalore, Karnataka, India
3Department of Computer Applications, Kumaraguru College of Technology, Coimbatore, Tamil Nadu, India
Abstract
The paradigm shift requires spreading the light of decentralized ledger technology, extraordinarily implementing cryptocurrencies, and being visible as a game-changer. Blockchain technology, along with cryptocurrencies like Bitcoin, Ethereum, and Litecoin, is a tool for global economic transformation that is rapidly gaining traction in the finance industry. However, these technologies have had low popularity in the consumer market. Many platforms have been misunderstood and ignored when there is an obvious hole in among them.
The basic idea behind cryptocurrency is that it is a network-based, totally virtual exchange medium that utilizes cryptographic algorithms such as Secure Hash Algorithm 2 (SHA-2) and Message Digest 5 (MD5) to secure the data. Transactions within the blockchain era are secure, transparent, traceable, and irreversible. Cryptocurrencies have gained a reputation in practically all sectors, including the monetary sector, due to these properties. The uncertainty and dynamism of their expenses, however, hazard investments substantially ...
Get Fintech and Cryptocurrency now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
