Abstract
Abstract: People's working habits, communication styles, shopping habits, and even how they pay for items have all altered as a result of technological advancements. Companies and customers no longer prefer cash. Contactless payments such as Google Pay, Paytm, and PhonePe are gaining traction in the country. Consumers may pay for things at computerized registers with a quick wave of their smartphone. And now, a new type of payment mechanism is gaining traction: cryptocurrencies. Almost everyone has heard about Bitcoin. It was the first cryptocurrency to gain mainstream acceptance, but other cryptocurrencies like Ethereum are gaining traction. There are almost 2,000 different types of cryptocurrencies, with new ones being created every day. According to a research, the majorities of individuals have heard of cryptocurrencies but do not fully comprehend what it is. So, what exactly is it, is it safe, and how does one go ahead about investing in it? This is exactly what you are going to find out in the following research paper. Keywords: Cryptocurrency, Modes of Exchange, Blockchain, DLT
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