Cryptocurrency: Financial Revolution or a Threat to the Financial System

Authors

  • T. E. Kaminskaya Student, direction of training 38.05.01 economic security discipline "Economic and Legal Support of Economic Security" Pacific National University, Khabarovsk
  • V.A. Petrova Candidate of Economic Sciences, Associate Professor, Department of Finance, Credit and Accounting, Pacific National University, Khabarovsk

DOI:

https://doi.org/10.18502/kss.v3i2.1532

Abstract

The article provides an analytical overview of cryptocurrencies, the dynamics of bitcoin from the origin to the present time. The specific risks of the virtual currencies use were identified.

Keywords: bitcoin, cryptocurrency, risks, electronic money; financial technology.

 

References

Alex Fork: Bitcoin. More than money, pp. 1-20, 2014

Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business and the World, page. 324, 2016

[ 3] Bitnovosti: [Electronic resource]: access mode: https:// bitnovosti.com /2016/12/30/ prognoses -2017/

Coindesk: [Electronic resource]: access mode: https://www.coindesk.com/price/

Digital Laundry: An analysis of online currencies, and their use in cybercrime, McAfee ® Labs: [Electronic resource] mode access :https://bravenewcoin.com/assets/Whitepapers/wp-digital-laundry.pdf

Forum: cryptocurrencies [Electronic resource]-mode access: https:// xn--l1adgmc.xn--80aaexjjshhwe7l.xn--p1ai/index.php?forums/bitcoin.

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Published

2018-02-15

How to Cite

Kaminskaya, T. E., & Petrova, V. (2018). Cryptocurrency: Financial Revolution or a Threat to the Financial System. KnE Social Sciences, 3(2), 111–117. https://doi.org/10.18502/kss.v3i2.1532

Issue

Vol. 3 No. 2 (2018): III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech"

Section

Articles