Literature Study on the Effect of Blockchain Usage on Cryptocurrencies Looks at Comparisons of Previous Research

Abstract

With the advancement of information and communication technology (ICT) and technological innovation, the learning ecosystem has changed greatly facilitating open and distance learning systems (ODL) in providing education anywhere at any time in meeting the changing learning needs in modern society. Blockchain is currently attracting attention as an innovative technology to change the future, has emerged as a new paradigm of financial markets. A blockchain is a distributed ledger created by blocks containing details of transactions connected in chronological order to form a series of chains. Blockchain is designed to store and use a cryptocurrency called bitcoin securely. Cryptocurrency is a virtual currency that operates in a blockchain-based decentralized system. Cryptocurrency transactions are conducted peer to peer (P2P) without the intervention of financial intermediaries. The increasing interest in cryptocurrencies and the underlying technology of blockchain is also reflected in the entry of regular businesses into the crypto world by using token hype prices (HYPE) or token inflated prices to profit. Therefore, the focus in this study is to compare the influence of blockchain usage on cryptocurrencies looking at previous research.