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DLSU Senior High School Research Congress

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Cryptocurrency awareness

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A Comprehensive Study On The Feasibility And Suitability Of Bitcoin In The Philippine Setting, Marian Ricci N. Ariaga, Ryan Kevin T. Koa, Francis Lawrence N. Lim, Jersey Jaclyn K. To May 2022

A Comprehensive Study On The Feasibility And Suitability Of Bitcoin In The Philippine Setting, Marian Ricci N. Ariaga, Ryan Kevin T. Koa, Francis Lawrence N. Lim, Jersey Jaclyn K. To

DLSU Senior High School Research Congress

Cryptocurrencies, which use blockchain technology, are a type of decentralized algorithm that solves the issue of trust on the Internet and has recently garnered increasing levels of interest. Using different types of cryptographic technologies, cryptocurrencies have become a medium of exchange online that does not require an intermediary and is difficult to counterfeit. Among these, the cryptocurrency with the highest market capitalization is currently Bitcoin. Thus, this comprehensive study on the feasibility and suitability of Bitcoin in the Philippine setting will investigate whether the cryptocurrency is suitable and compatible for adoption in the Philippines. To achieve this, the study aims …