Possible ways to overcome the obstacles of commercializing the Digital Currency in India: A Bibliometric Analysis
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 6, Pages 2537-2546
AbstractIn this new era of digitalization where the world is moving faster with the growing technology and so are we from paper currency to digital currency. The term Cryptocurrency came into existence in the year 2008. It is one of the rapidly flourishing technology in the world, which is taking industries to the next level. This is no less than revolutions in the world of currency globally. Cryptocurrencies are also termed as digital currency which completely depends upon the distributed networks and shared transaction ledgers-the goal was to combine this with basic idea of cryptography within the monetary system. This process will allow to create secure and anonymous system which could handle the digital money with ease. The purpose of this paper is to understand the current scenario and bring on some possible ways to commercialize digital currency in country like India which will change the perception of people about digital currency which will be becoming as the future currency in the world. However, using Bibliometric Analysis, which were published in Peer Review Journals and indexed in Web of Science collection from the period of (1980-2020). Design/Methodology/Approach: The data are collected from Web of Science and some reference are taken from different news editorials in order to build a proper approach. However, people have shown their interest as per the data (600,000) but many were not ready to accept this form of Virtual Currency.
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