Abstract
Cryptocurrency is a way of exchanging value over a computer network without having to go through a central authority like a bank or government. Globally, there are more than a thousand different cryptocurrencies. Eventually, cryptocurrency will be used to buy/sell goods and services, just like conventional currency. Crypto-stock exchanges are popular in India, despite cryptocurrencies being illegal. The value of virtual currencies is solely determined by supply and demand, unlike government-backed money. This article studies awareness and perceptions of cryptocurrency among people in Chennai. Convenient sampling is used to collect data from general population through a structured questionnaire. The results of this study are expected to provide valuable insights into the current gaps and challenges in terms of cryptocurrency adoption in Chennai.
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