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Review Papers | Economics & Finance | India | Volume 12 Issue 7, July 2023 | Popularity: 4.5 / 10

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Blockchain Features May Control Inflation

Suhasani Chouhan

Abstract: In this article, we will describe our inflation study report and how blockchain might help minimize it. To begin, we'd want to discuss inflation and subsequently on Blockchain, including its characteristics and components such as decentralization, consensus mechanisms, hash functions, cryptography, Proof of work, Proof of stake, smart contracts, and more. We'd want to cover this briefly in simple words so that our readers understand. Later in the paper, we will discuss our main concern, inflation, and how Blockchain can assist control it.

Keywords: Inflation, Blockchain, Cryptography, Decentralization, Consensus mechanism

Edition: Volume 12 Issue 7, July 2023

Pages: 1315 - 1317

DOI: https://www.doi.org/10.21275/SR23717225333

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