Published Paper Details:

Recently, crypto currencies and Bit coin have become the main topics of the financial industry. A crypto currency is a digital or virtual currency that uses cryptography for security. Crypto currency is difficult to counterfeit because of this security feature. Crypto currency's defining feature, and arguably its most endearing appeal, is its organic nature; it is not issued by any central authority, so it is theoretically immune to government interference or management. Crypto currencies have their advantages and disadvantages. The article covers various aspects of crypto currencies, starting with its early development, challenges and risks, opportunities, advantages and disadvantages, and its future. In addition, the post addressed issues related to the practical and technical function of crypto currencies. It was concluded that it is not easy to predict the future of crypto-currencies, as a lot needs to be done especially in the area of formal regulations. However, banks and other financial institutions should see and consider crypto currencies as an alternative for financial transactions in the future. Crypto currency has been widely adopted as an investment asset with the rise of many well-known crypto currency exchanges. Practitioners and enthusiasts have started promoting crypto currency as a means of payment in the sharing economy. This new trend has also gained attention in academia, especially among information systems (IS) professionals. Thus, the purpose of this paper is to consolidate the knowledge of crypto currencies in the field of IS through a systematic literature review and provide insights for researchers to seek opportunities for crypto currencies research in the context of the sharing economy. Crypto currency is a digital currency based primarily on block chain technology. Currencies are issued and regulated by the country's central bank and government to combat inflationary and deflationary situations. Today, many countries in the world are focusing on digital currency and transactions. Even someone does not want to regulate their currencies and transactions. This brought further innovation in the new currency that is crypto currency, one of the most advanced, ambiguous regulations of a simple currency. In this article I have tried to study crypto currency and its development and future prospects in India.