Rolul criptomonedelor în dezvoltarea sustenabilă a afacerilor
The Role of Cryptocurrency in the Sustainable Development of Business
Author(s): Alina-Mihaela Irimescu, Corina-Graziella Bâtcă-DumitruSubject(s): Economy, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: cryptocurrency; blockchain; cryptography; mining; Bitcoin;
Summary/Abstract: Money is a social convention, a method of acquiring various goods and services designed to facilitate a person’s life. Over time, money has taken different forms, from gold coins to fiat coins. Along with digitization, the emergence of a payment method that should not involve a banking institution or a government that should have an influence on its purchasing power was desired, and in 2008 cryptocurrencies appeared. Cryptocurrencies are virtual currencies, unregulated by a financial institution, used as a payment method, and their system of use is based on a peer-to-peer technology, without the need for a third party intervention. The purpose of this paper is to present an overview of the cryptocurrency phenomenon and the impact that cryptocurrencies have on sustainable business development.
Journal: CECCAR Business Review
- Issue Year: 3/2022
- Issue No: 10
- Page Range: 9-13
- Page Count: 5
- Language: English, Romanian