Development of Blockchain Technology and Crypto Currencies in the World and in Turkey Cover Image

Dünyada ve Türkiye’de blok zincir teknolojisinin gelişimi ve kripto paralar
Development of Blockchain Technology and Crypto Currencies in the World and in Turkey

Author(s): Gökhan Sümer
Subject(s): Financial Markets, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Hitit Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Blockchain Technology; Cryptography; Digital Transformation; Currency; Crypto Currency;

Summary/Abstract: Blockchain technology is a distributed data storage distrusted ledger system where all records and transactions are open to all individuals in the system, can be seen by everyone and new records can be added, and provides tracking of encrypted transactions and processes. Although when it comes to blockchain technology, the first thing that comes to mind is in the field of finance; such as transferring and registering crypto currencies, they can be used in many different industries. The distributed ledger system is used in projects carried out in many industries, especially in keeping records of data and processes. Blockchain technology has been contributed to increasing the use of crypto currency, especially by producing solutions to security problems in many areas. The problem of trust in crypto currencies, which are not supported by an official authority, is at the forefront for some, while others consider crypto currency as an opportunity, the inevitable universal currency of the future. In this study the advantages and disadvantages of blockchain technology is examined and approach of World and Turkey’s are evaluated. With the recent history of crypto currency Turkey has to circulate common crypto currency rapidly.

  • Issue Year: 14/2021
  • Issue No: 1
  • Page Range: 191-207
  • Page Count: 17
  • Language: Turkish
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