Retrospective and Prospects for the Development of Cryptocurrency

Authors

  • Kaminskaya T. E. Associate Professor of Economic Sciences, Finance, Credit and Accounting, Pacific National University, 136 Tyhookeanskaya Street, Khabarovsk, 680042
  • Kurbanova L. D. Student of the 5th course direction of training 38.05.01 economic security discipline "Economic and Legal Support of Economic Security" Pacific National University

DOI:

https://doi.org/10.18502/kss.v3i2.1570

Abstract

The article discusses the retrospective of cryptocurrencies, theoretical understanding of the digital currency, its value and essence. The tendencies and prospects of cryptocurrencies development. The article focuses on the lack of a legal framework regulating relations in the field of "mining" and circulation of cryptocurrencies.

 

Keywords: cryptocurrency; digital currencies; bitcoin; electronic money; mining; cryptographic methods of information protection.

References

Basetop top rankings of the world [Electronic resource] –Mode of access URL: http: //basetop.ru/reyting-kriptovalyut-2017-spisok-samyih-perspektivnyih// (accessed 08.11.2017).

Coinspot –Guide to Bitcoin [Electronic resource] –access Mode –URL: http: //coinspot.ru/analysis/kriptovalyuty-bitcoin-i-prizraki-budushhego/ (accessed 07.11.2017).

News and events of the Bitcoin network: [Electronic resource] —access Mode — URL: http://bitcoininfo.net/ (date accessed: 07.11.2017).

THE GUARANTOR.RU: [Electronic resource] — access Mode —URL: http://www. garant.ru/news/1146991/#ixzz4xsOJy1m2// (date of access 08.11.2017).

Downloads

Published

2018-02-15

How to Cite

T. E., K., & L. D., K. (2018). Retrospective and Prospects for the Development of Cryptocurrency. KnE Social Sciences, 3(2), 402–406. https://doi.org/10.18502/kss.v3i2.1570

Issue

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

Section

Articles