This research article is based on the current research issues on crypto-currency and its application in financial sectors. The researcher stated that crypto- currency attracted a significant attention and has been adopted in numerous applications, such as smart grid and Internet of Things (IoT) have a high scalability barrier for block-chain which limits its ability to support services with frequent transactions. In this research paper the researcher emphasized that some of the significant research issues on decentralized, peer to peer financial networks face risks such as fraud and suspicious trading, volatile price fluctuations, regularity uncertainty, and instability in financial sectors. This research study shows the huge growth of online users, virtual word concept which are created a new business phenomenon to facilitate financial activities such as buying, selling and trading. This research article analyzed the user’s expectation of future of crypto-currency in financial sectors at different significant level. In addition to this the researcher also discussed a statistical report which is adopted from the Statistic to provide a future direction of money regulatory in financial sector.
This research paper is based on the future of block chain economy in financial sectors and its significant usage. The researcher emphasized that the block chain technology has the potential to disrupt financial services and it can change the current face of financial Industry. The researcher focused on the significant usage of block chain economy to fraud detection, to maintain the customer’s history, trade finance, and smart contracts. There are some challenging faces of block chain economy towards adoption in financial sectors such as interoperability, privacy, energy consumption, security, scalability, and legal regulations. The researcher also stated that block chain economy is a scenario and potential future environment in which crypto currency replaces current monetary systems on a global basis to become an autonomous market participants in financial sectors. The researcher also highlights the key challenges of block chain economy adoption in financial sectors with current statistics of future analysis.
This research article is based on the current research issues on crypto-currency and its application in financial sectors. The researcher stated that crypto- currency attracted a significant attention and has been adopted in numerous applications, such as smart grid and Internet of Things (IoT) have a high scalability barrier for block-chain which limits its ability to support services with frequent transactions. In this research paper the researcher emphasized that some of the significant research issues on decentralized, peer to peer financial networks face risks such as fraud and suspicious trading, volatile price fluctuations, regularity uncertainty, and instability in financial sectors. This research study shows the huge growth of online users, virtual word concept which are created a new business phenomenon to facilitate financial activities such as buying, selling and trading. This research article analyzed the user’s expectation of future of crypto-currency in financial sectors at different significant level. In addition to this the researcher also discussed a statistical report which is adopted from the Statistic to provide a future direction of money regulatory in financial sector.
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