Public Perception Based Recommendation System for Cryptocurrency

Abstract

Cryptocurrency is one of the emerging online currency of the modern era. Big companies are investing in this technology. However, some established companies still hesitate to use it. According to them, it is a volatile trend which will fade up eventually. There is no such authority which will provide them feasibility information. So, investors can be helped by providing them feasibility information about locations for cryptocurrency investment around the world. This paper aims to provide the aforementioned information to the investors. The proposed methodology is based on Topic modeling along with public opinion mining about cryptocurrencies, blockchain network, bitcoin, litecoin, and ethereum. The crawled data for other cryptocurrencies are much insufficient, so that are excluded from the study. In the proposed methodology, the top locations where cryptocurrency is widely used are identified, then in that particular locations' users concerns along with their sentiment analyses are investigated. Top locations are identified such as Australia, Denmark, Netherlands, and the USA etc. Almost 83.7% tweets of Sweden show positive sentiment for cryptocurrency investment which ranks as the highest having friendly environment for cryptocurrency investment. Similarly, the UK shows the least positive perception of cryptocurrency and blockchain technology usage. Some of the noteworthy terms found are legitimacy, authorization rules, volatility, profit, investment, and fluctuations. Which describe the users’ concerns/ interests’ about cryptocurrency. Investors can focus on all these areas during business. These subtopics can help business experts to evolve their businesses’ and to make them more sustainable on the basis of public perception.