ETHEREUM-BASED DECENTRALISED TOKEN EXCHANGE

Abstract

In the world of modern technology, ensuring security is a top priority. To address this issue, blockchain technology has emerged as a promising solution by eliminating intermediaries and enhancing security. Cryptocurrencies are the first type of digital assets that have been successfully managed using blockchain technology. In recent years, financial institutions have been increasingly adding cryptocurrencies to their portfolios, leading to widespread adoption and interest among various stakeholders, including the banking sector, government, and individual investors. Cryptocurrency has the potential to become the future global currency, replacing fiat currency. This research project provides a comprehensive overview of the cryptocurrency market, including its origins, key features, price dynamics, market capitalization, and trading volumes. The project also explores important concepts such as Ethereum, smart contracts, tokens, and consensus algorithms that are critical to the functioning of the cryptocurrency market.