Cryptocurrencies are on the rise. Being the only currency in the world that is decentralized i.e. not monitored by any central bank, cryptocurrency has its share of problems in the industry. With increased awareness now, cryptocurrency is known as one of the most easy, reliable and convenient ways of making transactions. However there are a number of problems faced by the currency. Even though the developed world has adopted the use of cryptocurrency, and a lot of transactions are conducted through it, many people are still shy of accepting them.
Considering the highs and lows of cryptocurrency, its increasing value, its increasing use in illegal activities, being decentralized, paving way for people to make easy and convenient transactions, and much more, there is certainly a need to investigate the concept further. There are different types of cryptocurrencies today. Each has its own benefits and flaws, and for a better understanding each of them should be researched and investigated separately. Here are some different types of cryptocurrencies and a few suggestions regarding research topic for your dissertation.
Bitcoin is one of the most famous and widely used cryptocurrency. The virtual currency has gained a lot of popularity, and a lot of people have invested in it, considering its increasing value. However, just like other cryptocurrencies, bitcoin has its own share of flaws and uses. Here are some useful dissertation topics on bitcoin that can help you learn more about the virtual currency.
Research Aim: In this study, you can offer a collective understanding of all the virtual currencies that have evolved in the past decades. The study should discuss the evolution of all different types of cryptocurrencies, and then should be narrowed down to bitcoin. How the bitcoin evolved, its acceptance, popularity, success, etc. The study should basically cover the evolution history and journey of bitcoin.
Research Aim: Cryptocurrencies, in the past couple of years, have evolved as a strong contender for financial transactions. This study will focus on how this virtual currency has surged in the market, and created a space for itself. Also, the study will help to answer the question as to how the stock markets and other traditional markets impacted by cryptocurrencies and their activities. Additionally, the study will also focus on the shortcomings of bitcoin and how it can be strengthened to encourage its use.
Research Aim: Bitcoin is a virtual currency that is not regulated by any authority. This has a huge impact on the financial environment as the domestic financial environment of the country is threatened. This study will evaluate the threats posed by the unregulated virtual currency in the domestic financial environment of the country. The potential implications of these threats are explored in great detail and the study helps in understanding the behavior of cryptocurrency which helps in strengthening and promoting the financial environment of the country.
Research Aim: This is one of the most interesting bitcoin dissertation topics. The macroeconomic parameters of virtual currencies are designed in a manner that make bitcoin mining process a bit harder, thus driving their value up. Currently, the process is the same and the protocols that surround bitcoin are robust, thus it remains inconceivable if the same will keep going or not. This study will investigate the factors associated with bitcoin mining and with the help of economic modelling, the protocols will be assessed and evaluated.
Related: Bit Coin Talk
Need a free interesting and manageable dissertation topic in your area of study?
Research Aim: Cryptocurrencies, including bitcoin, pose a serious threat to the existing financial and banking ecosystem. This study will analyze the diversity in both the ecosystems and will identify the pros and cons of both. Furthermore, this study will also help in identifying the existing financial ecosystems as to how they can be modified so that they can offer similar benefits as cryptocurrencies.
Ethereum is a platform for cryptocurrency that is based on the block chain technology. Ether is the currency that is used for operation purposes for Ethereum. For transaction purposes, a public distributed ledger is provided. Bitcoin and Ethereum differ in a lot of ways. One is the way in which Ethereum operates. This is done using balances and accounts in a manner known as state transitions. This state denotes current balances of all accounts and also displays extra/additional data. Additionally, State is not stored on the blockchain, but is stored in a separate Merkle Patricia Tree. Then private and public keys and/or addresses are generated which can then be used to send or receive Ether.
Ethereum is used by a lot of people trading in cryptocurrency. The currency is also the second widely used virtual currency, used to make different transactions. In order to analyze the currency in a detailed manner, here are some dissertation topics on ethereum.
Research Aim: This is one of the best ethereum dissertation topic to help learn all about the virtual currency. A lot of people believe Ethereum to be imitating bitcoin. Ethereum differs in a lot many ways. It functions differently, has a different signature algorithm and possesses a different way to generate addresses. This study will talk about all these aspects and will discuss why different cryptocurrencies are generated and how do they work.
Order 5 research topic ideas in your area of study and a 500 words outline/proposal on the chosen topic.
Research Aim: Cracking cryptocurrencies is not impossible, only impractical. Even though it is extremely difficult and expensive to hack or attack cypher, the trend is on the rise. The ethash protocol utilized by Ethereum has been attacked, and there is a need to investigate the reasons pertaining to this attack. This means that new algorithms must be introduced to make sure that cypher are not vulnerable and that they are secure currencies to trade and make transactions.
Research Aim: Smart contracts are referred to as the foundation for the possession of digital assets and a number of decentralized applications within the block chain technology. In case of Ethereum, smart contacts are public, distributed and unchallengeable. However, they are vulnerable to attacks due to simple coding errors of developers. This study will investigate in depth regarding smart contracts, how and why they are prone to attacks and how this currency can be termed as safe and secure for the users.
Research Aim: There has been a huge uproar regarding the authentication, authorization and accounting of the block chain technology. In simple terms, the security of block chain technology is questioned and is under scrutiny due to the large number of attacks the system has suffered. The data and information of users is compromised after every attack, which is why, a lot of people now use these currencies with caution. This study will perform an in-depth analysis as to how the ethereum block chain currently works, and how it can be improved. All major aspects that should be included are authenticating, authorizing and accounting of the system. A new and better protocol will be suggested and its benefits and flaws will also be mentioned.
Research Aim: Research on this ethereum dissertation topic is extremely important because cryptocurrencies can be stolen or hacked without much difficulty. Over time, and with the increased use of cryptocurrency, security is breached frequently and user data is compromised. There are cryptocurrencies that function on strategies like multiple signatures so that a single rogue individual cannot irreversibly transfer money. However, not all cryptocurrencies function and work according to the same strategy. This study will focus on the security threats ethereum is exposed to, how vulnerable the currency is and how important it is for developers to focus on this aspect of the block chain technology.
Ripple is a company that utilizes block chain technology for global payments. Ripple is also the largest holder of XRP and is the world’s third most valuable crypto asset. With the increased use of Ripple as a currency, a lot of proponents now argue that this cryptocurrency will be adopted by banks in the near future. Ripple itself is a payment protocol that is built upon a distributed open source internet protocol, native cryptocurrency and consensus ledger. Ripple supports tokens that represent fiat currency, commodity, cryptocurrency or any other unit of value. Ripple operates with a shared and public database or ledger for payments, exchanges and/or remittances.
XRP is the currency of the Ripple network. Each and every Ripple user is required to have a minimal reserve equaling 20 XRP. This is done to reduce the chances of hacking attacks and attempts.
Research Aim: Even though cryptocurrencies are on the rise and their use have increased, a lot of people are unaware of the different payment protocols available for their use in the market. In addition to this, their future outlook as to how they would perform in the market and how successful they would be in the industry is something worth researching. This study will focus on how ripple works, how the payment protocol operates, and how XRP is used by people for trading and for making transactions. The study will comprehensively include all aspects of the currency, the different factors affecting its price, and how it is valued in the market.
Research Aim: Cryptocurrencies are decentralized i.e. there is no authority, thus they are free to regulate the currency according to what suits them best. Companies like Ripple are well established and huge names in the industry, thus their currency’s value is determined by the demand and the performance of the company. Once the demand of their currency increases, the value increases. This value may rise due to speculation or due to illegal trade and related activities. This study will investigate the various reasons that cause a shift in the price of the currency. Moreover, the study will conclude as to whether Ripple Token XRP is overvalued or not.
Research Aim: A high percentage of Ripple’s token, XRP is used for international transfers. People may not use it for the same purpose; however, companies do. A lot of them rely on international business, thus have to make international payments on a daily basis. With the help of Ripple Token, XRP, companies can make their day to day international transactions without incurring a huge cost. Fiat currencies carry a huge cost associated with international transfers, thus it is extremely important that this aspect it focused on. Ripple’s role in developing as the most easy, cheap and secure currency for international transfers will be examined in this study.
Research Aim: This is one of the most important Ripple (XRP) dissertation topics. Cryptocurrencies are commonly known for security breaches. They are vulnerable to attacks and require a lot of security layers in order to completely avoid such instances. This study will compare Ripple to Bitcoin, Ehthereum and other major types of cryptocurrencies in order to understand if the currency is more volatile as compared to other cryptocurrencies.
Research Aim: The future of cryptocurrencies is yet to be decided; however, with the benefits and wide acceptance of Ripple’s Token, XRP it is speculated that Ripple will be a widely accepted cryptocurrency in the business world. This study will focus on the current aspects of various cryptocurrencies, their current trends, their performance, acceptance level and the benefits they offer. Based on these aspects, the future of each currency will be evaluated and compared with each other, with major emphasis on Ripple’s Token, XRP.
Need a free interesting and manageable dissertation topic in your area of study?
Research Prospect offers help with all types of academic projects and assignment writing. We specialize in completing your Research and Development (R&D) projects, Design projects, Literature Reviews, Essays, Reports, Coursework, Assignments, Posters, Exam Notes, Statistical Analysis, Primary and Empirical Research and Case Studies. We are a UK registered company (Registration number SC 472181) offering professional research and writing expertise.