ПЕРСПЕКТИВИ ПРЕД ВИРТУАЛНИТЕ ВАЛУТИ В НЕПРАВИТЕЛСТВЕНИЯ СЕКТОР
PROSPECTS FOR VIRTUAL CURRENCIES IN THE NON-GOVERNMENTAL SECTOR
Author(s): Vladimir MilevSubject(s): Economy, Financial Markets, Public Finances
Published by: Висше училище по застраховане и финанси (ВУЗФ)
Keywords: virtual currencies; crypto currencies; blockchain; NGO
Summary/Abstract: The topic of virtual currencies is particularly relevant on the background of the global financial and economic situation and fears of a financial crisis. In the concept and philosophy behind virtual crypto currencies and the non-governmental sector, several aspects can be found that create a connection and outline the perspectives. The trends for the rapid development of virtual currencies and related technologies are reinforcing the aspirations for digitization and integration of blockchain technology in various spheres of activity including in the NGO sector. The risks of using virtual currencies in the non-governmental sector may far outweigh the benefits, with the effect of potential solutions to these risks largely unknown, and the potential solutions themselves deferred to the future. The benefits of virtual currencies in the non-governmental sector are significant, so efforts should be made to manage the risks
Journal: VUZF Review
- Issue Year: 8/2023
- Issue No: 2
- Page Range: 4-14
- Page Count: 10
- Language: English