Analysis and Findings of Digital Currency on UK Financial System

Chapter 4: Analysis and
Findings

Contents
CHAPTER 4 DATA ANALYSIS AND FINDINGS......................................................................1
FINDINGS.......................................................................................................................................7
REFERENCES................................................................................................................................8

CHAPTER 4 DATA ANALYSIS AND FINDINGS
Data analysis is one of the effective process by which researchers modify and make changes in
collected data with the main aim of accomplishing goals, improving study and making better
decision. Accuracy of data is the key of research study and when researcher collect accurate
information then it can improve their image in the market. It can boost their confidence and they
may find easier in conducting research studies in the future with effectiveness. For this research
study, researcher has selected quantitative data analysis tool because this study is quantitative
and researcher has collected information in numerical or statistical form. Under quantitative data
analysis tools, frequency distribution method has been selected .
Questionnaires
Q1. Do have any idea about the term the concept of digital currency?
Yes
NO
Q2. What is the role of digital currency on UK financial system?
Simplifies the records of the transactions
Accessing the investment return
Helps the management to take appropriate decisions
Q3. What is the impact of digital currency on UK financial system?
Fluctuation in the prices
Unstable system
Leads to a decrease in the value
Q4. As per your view point, Does digital currency have positive impacts upon UK financial system?
True
False
Q5. As per your view point, Does digital currency have negative impacts upon UK financial system?
True
False
Q 6. What are the different benefits of digital currency on UK financial system?
Faster payments
Greater transparency
Discrete & Confidential
Q7. What are the different challenges faced by UK financial system due to digital currency?
Cyber security attack,
Account and data breaches
1