CRYPTOCURRENCIES – NATIONAL SECURITY IMPLICATIONS
CRYPTOCURRENCIES – NATIONAL SECURITY IMPLICATIONS
Author(s): Maria ConstantinescuSubject(s): Economy, National Economy
Published by: Regional Department of Defense Resources Management Studies
Keywords: cryptocurrencies; national security; money laundering; financing;
Summary/Abstract: The blockchain technology and the spreading use of cryptocurrencies have the potential to be used for benevolent, as well as malevolent purposes and may become an issue for a country’s national security. Cryptocurrencies are slowly but steadily capturing the acceptance from public and even government and financial institutions, so their use will probably increase in the future. This means that states need to adapt their national security approach to include the challenges posed by the technical and financial innovations of cryptocurrencies, making use of their beneficial aspects but also keeping in mind the potential threats they may pose.
Journal: Defense Resources Management in the 21st Century
- Issue Year: 13/2018
- Issue No: 13
- Page Range: 115-119
- Page Count: 5
- Language: English