000 01684nab a2200193 c 4500
999 _c146945
_d146945
003 ES-MaIEF
005 20230424184833.0
007 ta
008 230113t2022 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _968765
_aIlter, Cenap
245 0 _aHow dependable are blockchain and cryptocurrencies?
_c Cenap Ilter
500 _aResumen.
520 _aThis article analyzes the development of blockchain technology and two major cryptocurrencies, Bitcoin and Ethereum. Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary. Regardless of how it may be used, the technology itself can be considered a positive, or at least neutral, development, and may have a future not just in financial transactions but in international trade. Cryptocurrencies may not have the same future. The value of cryptocurrencies is highly volatile, and the fact that there is no economic power behind these currencies means that it is the trust within the blockchain that makes these cryptocurrencies viable as a medium of exchange or investment instrument. Given recent developments, trust in cryptocurrency is fragile at best, and the analysis here shows that the chances that cryptocurrencies will be used as mediums of exchange in domestic and international trade or as investment instruments are small.
650 7 _aBLOCKCHAIN
_2
_966197
650 7 _aCRIPTOMONEDA
_963195
773 0 _9168632
_oOP 235/2022/1
_tJournal of Taxation of Investments
_w(IEF)51921
_x 0747-9115
_g v. 40, n. 1, Fall 2022, p. 75-84
942 _cART