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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 10
Issue Published : 113
Article Submitted : 18304
Article Published : 7800
Total Authors : 20611
Total Reviewer : 753
Total Countries : 142
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| Paper Title: | Impact of Digital Currencies on Traditional Banking Systems: A Comprehensive Analysis |
| Authors Name: | R. Murugaganesh , R. Dheepesh , M. Tamilarasan |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_189223
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| Published Paper Id: | IJRTI2402051 |
| Published In: | Volume 9 Issue 2, February-2024 |
| DOI: | |
| Abstract: | The research provides a sophisticated picture of the changing financial landscape by analyzing important aspects like increased competition, potential disintermediation, and changes in the transmission of monetary policy. The paper draws attention to the dual character of digital currencies, which offer both regulatory difficulties and potential for financial inclusion. The purpose of this research is to provide important insights into the transformative dynamics between traditional banking institutions and digital currencies through a thorough analysis. The way in which digital currency has revolutionized the conventional banking industry. with the growing fusion of virtual currencies with the world's financial system. The advent of virtual currencies has initiated a major metamorphosis in the worldwide financial landscape, exerting a substantial influence on conventional banking structures. This study looks at the various ways that the introduction of digital money may affect the structures and operations of traditional banking. This study examines the opportunities and difficulties that digital currencies present to traditional banking structures through a thorough analysis of recent literature and actual data. It also assesses how conventional banks have responded to the emergence of digital currency, looking into how they have tried to take advantage of technology developments and adjust to the changing financial environment. |
| Keywords: | Cryptocurrency, financial, technology, market, competition, digital, currency. |
| Cite Article: | "Impact of Digital Currencies on Traditional Banking Systems: A Comprehensive Analysis", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.9, Issue 2, page no.338 - 342, February-2024, Available :http://www.ijrti.org/papers/IJRTI2402051.pdf |
| Downloads: | 000205075 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2402051
Registration ID:189223
Published In: Volume 9 Issue 2, February-2024
DOI (Digital Object Identifier):
Page No: 338 - 342 Country: Namakkal, Tamil Nadu, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2402051 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2402051 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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