This paper is published in Volume-4, Issue-3, 2018
Area
Security
Author
Nikita Jadhav, Dhanashree Biradar, Akshay Olekar, Saima Ansari
Org/Univ
Sinhgad Academy of Engineering, Pune, Maharashtra, India
Pub. Date
18 June, 2018
Paper ID
V4I3-1846
Publisher
Keywords
Cryptocurrency, DigiBucks, Digital currency, Data mining, SHA-256 hash algorithm

Citationsacebook

IEEE
Nikita Jadhav, Dhanashree Biradar, Akshay Olekar, Saima Ansari. Generation of digital currency and application development (Digibucks), International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Nikita Jadhav, Dhanashree Biradar, Akshay Olekar, Saima Ansari (2018). Generation of digital currency and application development (Digibucks). International Journal of Advance Research, Ideas and Innovations in Technology, 4(3) www.IJARIIT.com.

MLA
Nikita Jadhav, Dhanashree Biradar, Akshay Olekar, Saima Ansari. "Generation of digital currency and application development (Digibucks)." International Journal of Advance Research, Ideas and Innovations in Technology 4.3 (2018). www.IJARIIT.com.

Abstract

Cryptocurrency has emerged as the most successful cryptographic currency in history. Cryptocurrency grew to comprise billions of dollars of economic value despite the only cursory analysis of the system’s design. Since then the increasing literature has identified hidden-but-important properties of the system, discovered attacks, forth put promising alternatives, and singled out difficult future challenges. Meantime a large and vibrant open-source community has proposed and deployed numerous alterations and extensions. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. We provide a platform for using our cryptocurrency (digibuck) for the users. We then provide different facilities like transferring and receiving digibuck, viewing price charts, foreign transactions. The main aim is to provide more security to cryptocurrencies and reducing the update interval time. These modifications will attract more users and interest them in using this digital currency more frequently.