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Crypto currency and Fin Tech

Issue Abstract

Abstract 

Fin tech and Crypto currency are two ground-breaking ideas that have recently changed the financial landscape. Crypto currency is a type of digital or virtual money that conducts transactions securely and decentralized using cryptographic methods. The term "fin tech," which stands for "financial technology," refers to a broad spectrum of cutting-edge products and services that improve financial transactions and interactions. Traditional financial systems have been significantly interested in and disrupted by the emergence of crypto currency and fin tech. The majority of crypto currencies' underlying technology, block chain, provides transparent and unchangeable transactions, fostering trust and minimizing middlemen. As a result, people and companies may now access global financial services more quickly, more affordably, and without limitations. The essential components of crypto currency and fin tech are examined in this abstract, along with their advantages, disadvantages, and prospective futures.
Keywords: Money laundering, Crypto currency Bill, Bit coin, Paytm, Finance minister, Tax.


Author Information
Asmita Meenakshi. A
Issue No
9
Volume No
2
Issue Publish Date
05 Sep 2023
Issue Pages
36-42

Issue References

References 

https://timesofindia.indiatimes.com/india/over-rs-4000cr-laundered-via-cryptos- unearthed-in-1-year/articleshow/87939180.cms
https://www.blockchain-council.org/blockchain/blockchain-real-world-use-cases/ https://main.sci.gov.in/supremecourt/2018/19230/19230_2018_4_1501_21151_Judg ement_04-Mar-2020.pdf https://www.forbes.com/sites/forbestechcouncil/2023/01/31/how-fintech-and- blockchain-are-evolving-and-disrupting-financial-institutions/ https://economictimes.indiatimes.com/markets/cryptocurrency-ban https://economictimes.indiatimes.com/markets/cryptocurrency-ban