stdClass Object
(
    [id] => 16869
    [paper_index] => 202507-02-022945
    [title] => THE FUTURE OF GLOBAL FINANCE: EXPLORING THE ROLE OF CRYPTOCURRENCIES IN SHAPING FINANCIAL SYSTEMS
    [description] => 
    [author] => Bablu Solanki Saini
    [googlescholar] => 
    [doi] => https://doi.org/10.36713/epra22945
    [year] => 2025
    [month] => July
    [volume] => 10
    [issue] => 7
    [file] => fm/jpanel/upload/2025/July/202507-02-022945.pdf
    [abstract] => Cryptocurrencies, powered by blockchain technology, have emerged as a transformative force in global finance, offering alternatives to traditional financial systems by enabling decentralized, secure, and efficient transactions. This paper explores the potential of cryptocurrencies to shape the future of global finance, with a focus on their mainstream adoption, integration with traditional financial systems, and the development of Central Bank Digital Currencies (CBDCs). The paper examines how cryptocurrencies could become more widely accepted by governments, businesses, and consumers, and discusses the role of fintech companies and traditional financial institutions in incorporating these digital assets into existing financial frameworks. Additionally, it analyzes the promise of CBDCs as government-backed alternatives to decentralized cryptocurrencies and the technological advancements required to address scalability and environmental concerns. Despite their potential, cryptocurrencies face significant challenges, including regulatory uncertainty, scalability issues, environmental impact, and public perception. These barriers hinder the widespread adoption of cryptocurrencies, but ongoing innovation, coupled with clearer regulations and public education, could pave the way for broader integration into global finance. This study concludes that while the future of cryptocurrencies holds substantial promise, overcoming these challenges is critical to realizing their potential in transforming financial systems and increasing financial inclusion worldwide.
    [keywords] => Cryptocurrencies, Blokchain Technology, Virtual Finance, Global Finance, Financial System
    [doj] => 2025-07-04
    [hit] => 
    [status] => 
    [award_status] => P
    [orderr] => 1
    [journal_id] => 2
    [googlesearch_link] => 
    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Research & Development (IJRD)
    [short_code] => IJSR
    [eissn] =>  2455-7838 (Online)
    [pissn] => - -
    [home_page_wrapper] => images/products_image/2-n.png
)
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