Research two contemporary finance topics such as cryptocurrency (Bitcoin), microlending, crowdfunding, or green financing. In this paper, Define and describe the topics, citing real-life examples of...

1. Topic selected:
Crowdfunding and Cryptocurrency
2. Cryptocurrency analysis
a. Brief introduction:
Cryptocurrency is a internet or online based medium of exchange in which cryptographical technologies are used to execute the monetary transactions. Under such type of currency, blockchain technology is used and it is not controlled by a central authority. Due to decentralization the government and regulatory authorities’ intervention is very less in such currencies. Bitcoin was the first decentralized cryptocurrency which released as open source software in 2009.
b. Sources of funds used by global companies:
In current era, various global companies are using their own cryptocurrency. For example, Facebook Inc. is using Libra as digital currency for executing the financial transactions, JP Morgan is using JPMCoin where the transactions between wholesale payments clients are executed using digital token i.e. JPMCoin, Air Asia one of the largest passenger carrier aircraft company is using BigCoin for transactions, Arias Intel Corp. is using iNEQ for digital transactions etc. Thus, many of the global companies are using their own Cryptocurrencies for financial transactions (Jinia Shawdagor, 2019). The detailed analysis of cryptocurrency used by Facebook Inc. is as below:
· The purpose of using cryptocurrency used by Facebook is to reach the 1.7 billion people who are not having their own bank account. The currency is managed by a separate independent organization i.e. Libra Association (Jamie Canuck, 2019).
· The Facebook users can download digital wallet i.e. Calibra and it can be sent to across the world through Facebook app, messenger. Uber and Lyft global ride handling companies have also invested in the project.
· Facebook will charge a small fee per transaction on using the digital currency and also earns the money by using cryptocurrency.
c. Future use of cryptocurrencies:
The future of cryptocurrency is very fluctuating, and it is dependent on regulation mechanism of cryptocurrency market (Adam Barone, 2019). If these currencies are allowed to be traded on listed stock exchanges and there are defined rules and regulations like stock market trading, then the faith of people will improve in blockchain...