Cryptocurrency and Future of Money DOI

Syeda Fizza Abbas,

Aliza Sajjad,

Haider Rizavi

et al.

Advances in finance, accounting, and economics book series, Journal Year: 2025, Volume and Issue: unknown, P. 219 - 260

Published: Jan. 8, 2025

Cryptocurrency, emerging post-recession, has the potential to reshape financial landscape. Since Bitcoin's debut in 2009, cryptocurrencies have evolved into advanced assets using blockchain technology. These decentralized digital currencies stand out from traditional money by expanding banking access, cutting transaction costs, and enhancing security. Beyond technology, they shift trust control finance away centralized entities like banks governments, leveraging distributed systems boost efficiency promote inclusion, especially developing countries.

Language: Английский

Cryptocurrency and Future of Money DOI

Syeda Fizza Abbas,

Aliza Sajjad,

Haider Rizavi

et al.

Advances in finance, accounting, and economics book series, Journal Year: 2025, Volume and Issue: unknown, P. 219 - 260

Published: Jan. 8, 2025

Cryptocurrency, emerging post-recession, has the potential to reshape financial landscape. Since Bitcoin's debut in 2009, cryptocurrencies have evolved into advanced assets using blockchain technology. These decentralized digital currencies stand out from traditional money by expanding banking access, cutting transaction costs, and enhancing security. Beyond technology, they shift trust control finance away centralized entities like banks governments, leveraging distributed systems boost efficiency promote inclusion, especially developing countries.

Language: Английский

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