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Books > Business & Economics > Finance & accounting > Finance > Investment & securities
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Cryptofinance: A New Currency For A New Economy (Hardcover)
Loot Price: R2,375
Discovery Miles 23 750
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Cryptofinance: A New Currency For A New Economy (Hardcover)
Expected to ship within 10 - 15 working days
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The rapid advancement in encryption and network computing gave
birth to new tools and products that have influenced the local and
global economy alike. One recent and notable example is the
emergence of virtual currencies, also known as cryptocurrencies or
digital currencies. Virtual currencies, such as Bitcoin, introduced
a fundamental transformation that affected the way goods, services,
and assets are exchanged. Virtual currencies are experiencing an
increasing popularity in the financial markets and in portfolio
management as can be classified as financial asset or commodities
on a scale from pure medium of exchange advantages to pure store of
value advantages. As a result of its distributed ledgers based on
blockchain, cryptocurrencies offer some unique advantages to the
economy, investors, and consumers, but also pose considerable risks
to users and challenges for regulators when fitting the new
technology into the old legal framework. Bitcoin for example may be
useful in risk management and ideal for risk-averse investors in
anticipation of negative shocks to the market. The core objective
of this proposed book is to provide a comprehensive discussion on
the important issues related to cryptocurrencies ranging from
pricing, financial, legal to technological aspects.
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