CONTRIBUTIONS OF CRYPTO CURRENCIES TO COUNTRY ECONOMIES

Authors

  • Ümit AKPINAR Author

Keywords:

CRYPTO, COUNTRY ECONOMIES, Definition and Historical Development of Cryptocurrencies, Reasons for the Emergence of Cryptocurrencies, Integration of Cryptocurrencies into Economic Systems, Potential Effects of Cryptocurrencies on Countries' Economies, Advantages and Disadvantages of Cryptocurrencies, Role of Regulations and Country Policies, Comparison of Cryptocurrency Use in Developed and Developing Countries, Taxation and Control of Cryptocurrencies

Abstract

Cryptocurrencies are assets that are bought and sold completely digitally, without being dependent on a central authority. Developed by Satoshi Nakamoto in 2008, Bitcoin introduced the concept of cryptocurrency and opened the door to a decentralized financial system. When combined with blockchain technology, Bitcoin provides transaction verification, allowing users to transact securely without the need for a central authority. Satoshi Nakamoto's innovations in Bitcoin brought a new direction to the digital economy and formed the basis of cryptocurrency.

Author Biography

  • Ümit AKPINAR

    Master degree in science, Aksaray University

Modern education and development

Published

2024-05-15