Analysis of Cryptocurrency Using a Genetic Algorithm (GA)

Finance, in particular, is tightly correlated with information-technology development. Digital currency or cryptocurrency is the outcome of the advancement of financial technology. As a means of payment over the internet, digital currencies are beginning to be widely used. This currency was develope...

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Main Author: Yulius Eka Agung Seputra
Format: Article
Language:English
Published: MDPI AG 2023-01-01
Series:Proceedings
Subjects:
Online Access:https://www.mdpi.com/2504-3900/83/1/51
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author Yulius Eka Agung Seputra
author_facet Yulius Eka Agung Seputra
author_sort Yulius Eka Agung Seputra
collection DOAJ
description Finance, in particular, is tightly correlated with information-technology development. Digital currency or cryptocurrency is the outcome of the advancement of financial technology. As a means of payment over the internet, digital currencies are beginning to be widely used. This currency was developed in order to facilitate and secure transactions. Transaction fees have decreased as a result of the adoption of blockchain technology. Because it has a negative effect on the financial system, monetary stability, and payment system, government policy forbids transactions involving cryptocurrencies. Understanding of the stochastic and genetic algorithm models used in cryptocurrency is provided by this research. Cryptocurrency is a financial technological advancement that is part of the technological package and it enables banknotes to be replaced in financial transactions. A genetic algorithm (GA) achieved an MSE value of 0.0863 and an MPE of 0.0084 with data on cryptocurrencies. The aim of this research was that, in the future, the government would support cryptocurrency technology so that the laws that are passed preserve the Indonesian market while not forbidding anything outright.
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spelling doaj.art-255aacfea6a348d7be6b980d5d76bc582024-10-03T02:44:22ZengMDPI AGProceedings2504-39002023-01-018315110.3390/proceedings2022083051Analysis of Cryptocurrency Using a Genetic Algorithm (GA)Yulius Eka Agung Seputra0Vocational Program, Universitas Indonesia, Depok City 16424, IndonesiaFinance, in particular, is tightly correlated with information-technology development. Digital currency or cryptocurrency is the outcome of the advancement of financial technology. As a means of payment over the internet, digital currencies are beginning to be widely used. This currency was developed in order to facilitate and secure transactions. Transaction fees have decreased as a result of the adoption of blockchain technology. Because it has a negative effect on the financial system, monetary stability, and payment system, government policy forbids transactions involving cryptocurrencies. Understanding of the stochastic and genetic algorithm models used in cryptocurrency is provided by this research. Cryptocurrency is a financial technological advancement that is part of the technological package and it enables banknotes to be replaced in financial transactions. A genetic algorithm (GA) achieved an MSE value of 0.0863 and an MPE of 0.0084 with data on cryptocurrencies. The aim of this research was that, in the future, the government would support cryptocurrency technology so that the laws that are passed preserve the Indonesian market while not forbidding anything outright.https://www.mdpi.com/2504-3900/83/1/51foreign exchangetradinggenetic algorithmcryptocurrency
spellingShingle Yulius Eka Agung Seputra
Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
Proceedings
foreign exchange
trading
genetic algorithm
cryptocurrency
title Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
title_full Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
title_fullStr Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
title_full_unstemmed Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
title_short Analysis of Cryptocurrency Using a Genetic Algorithm (GA)
title_sort analysis of cryptocurrency using a genetic algorithm ga
topic foreign exchange
trading
genetic algorithm
cryptocurrency
url https://www.mdpi.com/2504-3900/83/1/51
work_keys_str_mv AT yuliusekaagungseputra analysisofcryptocurrencyusingageneticalgorithmga