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December 13, 2024· 2024 IEEE 4th International Conference on ICT in Business Industry & Government (ICTBIG)
conference-paper

Detailed Analysis of Advancements in Cryptocurrency with Blockchain's Optimization on Fintech

Authors:Sharda HaryaniSukhjeet Kaur MatharuChetan NagarAnkush Verma

Abstract

The optimization algorithms in Bitcoin and blockchain technology have attracted significant interest and debate due to their convergence with the financial sector, known as Fintech. Cryptocurrency and blockchains are comprehensively examined in this paper, along with their evolution, adoption trends, and implications for financial transactions. The potential for blockchain technology to revolutionize traditional banking and monetary services is discussed, as well as the role it can play in facilitating decentralized and secure transactions. In addition, we discuss regulatory considerations and technological advancements associated with integrating cryptocurrency into mobile payments and e-commerce. In a multidisciplinary review, this review explores cryptocurrency's potential to reshape the financial industry through a multidisciplinary lens.

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