Comparing Cryptos - How Cryptocurrencies Fit with the Global Economy
Chew, Ethan S.; Reid, Ian C.; Gupta, Mohit; Wang, Yongqing; Boonyarungsrit, Andrea A.
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https://hdl.handle.net/2142/103116
Description
Title
Comparing Cryptos - How Cryptocurrencies Fit with the Global Economy
Author(s)
Chew, Ethan S.
Reid, Ian C.
Gupta, Mohit
Wang, Yongqing
Boonyarungsrit, Andrea A.
Issue Date
2019-03-01
Keyword(s)
Cryptocurrency
Economic Comparator
Economics of Cryptocurrencies
Credibility of Cryptocurrencies
Relationship of Economy and Cryptocurrency
Abstract
Project Objective and Proposed Hypothesis:
To assess the credibility of cryptocurrencies via using statistical methods to investigate potential relationships and correlations between select economic indicators.
A currency’s credibility can be scored by how well its’ value correlates with select economic indicators. The degree of correlation can be used to determine its’ possible use case and financial strength in the global economy.
This project addresses if cryptocurrency values correlate with the global economy.
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