Document Type
Closed Project
Publication Date
Winter 2018
Instructor
Ramin Neshati
Course Title
Decision Making in Engineering and Technology Management
Course Number
EMGT 530/630
Subjects
Bitcoin as an investment -- Evaluation, Electronic funds transfers, Blockchains (Databases), Cryptography, Hierarchical Decision Model, Decision making
Abstract
Cryptocurrencies have become a viable form of investment over the last year, but because this is such a new form of investment determining the potential value of a new blockchain-based business is difficult. The objective of this paper is to determine key criteria with weights that can be used in assessing cryptocurrencies to determine if they are worth investment.
I will use the Hierarchical Decision Model (HDM) methodology to obtain expert opinions on the importance of cryptocurrency attributes. The HDM model will generate the data for my final analysis. For reference data regarding cryptocurrency markets and values I will be using the popular website coinmarketcap.com.
Future study of this topic could include adding and testing more parameters, comparing the weights to real data over several years and determining indicators for innovation potential for cryptocurrencies. It would be interesting to study how to automate the collection of this data and use these weights as part of a recommendation engine for cryptocurrency investment.
Rights
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
Persistent Identifier
http://archives.pdx.edu/ds/psu/24589
Citation Details
Davis, Christopher, "Using HDM to Evaluate Investment Potential of Cryptocurrencies" (2018). Engineering and Technology Management Student Projects. 1927.
http://archives.pdx.edu/ds/psu/24589
Comments
This project is only available to students, staff, and faculty of Portland State University