CRYPTOCURRENCIES AND THEIR USE

Authors

  • Aleksandar Stojić Autor

DOI:

https://doi.org/10.24867/19OI05Stojic

Keywords:

Cryptocurrencies, transfer of value, decentralized systems

Abstract

In this paper the author describes the history of money and the various mechanisms of value transfer that people used. It is explained why there was a need for cryptocurrencies as a new system, as well as when they were created and in what way. The most important technologies that are an integral part of the entire ecosystem are explained in detail. A research is conducted with the aim of checking the level of information young people in Serbia have about cryptocurrencies. At the very end, the author presents his conclusion and proposal for further development of the situation.

References

[1] Beattie, Andrew. "The history of money: From barter to banknotes." URL: http://www. investopedia. com/articles/07/roots_of_money (2015).
[2] Chapman, Anne. "Barter as a universal mode of exchange." L'homme (1980): 33-83.
[3] Elwell, Craig Kent. "Brief history of the gold standard (GS) in the United States." (2011).
[4] Lewis, Paul (August 15, 1976). "Nixon's Economic Policies Return to Haunt the G. O. P." The New York Times. Retrieved March 25, 2019.
[5] Murphy, Austin. "An analysis of the financial crisis of 2008: causes and solutions." An Analysis of the Financial Crisis of (2008).
[6] Chohan, Usman W. "A history of bitcoin." Available at SSRN 3047875 (2017).
[7] Raikwar, Mayank, Danilo Gligoroski, and Katina Kralevska. "SoK of used cryptography in blockchain." IEEE Access 7 (2019): 148550-148575.
[8] Nofer, Michael, et al. "Blockchain." Business & Information Systems Engineering 59.3 (2017): 183-187.
[9] Yaga, Dylan, et al. "Blockchain technology overview." arXiv preprint arXiv:1906.11078 (2019).
[10] Nakamoto, Satoshi. "Bitcoin: A peer-to-peer electronic cash system." Decentralized Business Review (2008): 21260.

Published

2022-10-06

Issue

Section

Information Systems Engineering