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@article{207303,
        author = {Arjun Rajesh Gupta and Gaurav Ramraj Singh and Pooja Abhay Pandey and Dr. Gajendra Vishnukant Shukla},
        title = {“A Comparative Study on Cryptocurrency and Traditional Currency: Features, Benefits, Risks, and Future Prospects”},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {3},
        pages = {244-254},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=207303},
        abstract = {Cryptocurrency has emerged as a revolutionary form of digital currency that operates on blockchain technology, offering decentralized, secure, and transparent financial transactions. In contrast, traditional currency is issued and regulated by central banks and governments, serving as the primary medium of exchange in the global economy. The rapid growth of cryptocurrencies has sparked significant interest among investors, businesses, policymakers, and researchers, making it important to compare their features, benefits, risks, and future potential.
The primary objective of this study is to compare cryptocurrency and traditional currency in terms of their characteristics, security, transaction efficiency, cost, volatility, regulatory framework, and overall impact on the financial system. The study also examines the advantages and limitations of both forms of currency and evaluates their role in shaping the future of global finance.
This research is based on a descriptive and comparative research design using secondary data collected from books, academic journals, research articles, government publications, financial reports, and reliable online sources. The collected information is analyzed to identify key similarities and differences between cryptocurrency and traditional currency.
The findings indicate that while cryptocurrencies offer faster transactions, enhanced transparency, and decentralized control, they are associated with high price volatility, cybersecurity risks, and regulatory uncertainties. Traditional currency, on the other hand, provides greater stability, widespread acceptance, and legal protection but may involve higher transaction costs and dependence on centralized financial institutions. The study concludes that both forms of currency have distinct strengths and limitations and are likely to coexist, with cryptocurrency complementing rather than completely replacing traditional currency in the future.},
        keywords = {Cryptocurrency, Traditional Currency, Blockchain, Digital Finance, Bitcoin, Financial System, Decentralization, Monetary System.},
        month = {August},
        }