The Cryptocurrency Revolution
The Cryptocurrency Revolution
Synopsis
The Cryptocurrency Revolution explains the most important takeaways from the continued growth of digital currencies and blockchain technology and explores the transformative possibilities of borderless payments, decentralized finance ('DeFi') and machine-to-machine transactions.
Written in jargon-free and accessible language, this book examines the key value proposition of Bitcoin and other cryptocurrencies and how decentralized technologies could enable banks and financial institutions to become more efficient. It looks at the potential impact of company-backed virtual currencies (such as Facebook's Libra) and how governments and regulators around the world are reacting to these innovations. With discussion of the principles of tokenomics and the difference between public and private blockchains,
Description
Rhian LEWIS. The cryptocurrency revolution : finance in the age of Bitcoin, blockchains and tokens. London, United Kingdom ; New York, NY : Kogan Page, 2021, 1 online resource.
Links
The cryptocurrency revolution refers to the rapid growth and adoption of cryptocurrencies, particularly Bitcoin, Ethereum, and others, as an alternative to traditional fiat currencies. This phenomenon has sparked significant interest and debate in the financial, technological, and economic sectors. Key aspects of the cryptocurrency revolution include: 1. Decentralization: Cryptocurrencies operate independently of central banks and governments, allowing for peer-to-peer transactions without intermediaries. 2. Blockchain technology: The underlying technology behind cryptocurrencies, ensuring secure, transparent, and tamper-proof transactions. 3. Increased accessibility: Cryptocurrencies offer financial inclusion for the unbanked and underbanked populations worldwide. 4. Investment and trading: Cryptocurrencies have created new investment opportunities and trading markets. 5. Regulatory evolution: Governments and institutions are adapting to the rise of cryptocurrencies, developing regulations to ensure security and consumer protection. 6. Potential for innovation: Cryptocurrencies and blockchain technology have the potential to transform various industries, such as supply chain management, voting systems, and more. The cryptocurrency revolution is ongoing, with new developments and advancements emerging regularly. If you have specific questions or topics related to this subject, feel free to ask!