<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The pronounced multi-domain technologicalization specific to the last decades has had a significant impact on all areas of activity, including the financial one. The use of cyberspace to facilitate the actions undertaken in the monetary activity has generated the development of this field to the point where virtual currencies have been created and new technologies have been developed to support their use. Like any emerging domain, the cryptocurrency field and the related technology are in a relatively early stage and exclusively imply operating in cyberspace, thus generating security risks in the event of the involvement of malicious entities in illicit activities. In this context, it is worth analyzing how the improper use of the crypto domain can lead to various risks to national security.</p>
</abstract>

The pronounced multi-domain technologicalization specific to the last decades has had a significant impact on all areas of activity, including the financial one. The use of cyberspace to facilitate the actions undertaken in the monetary activity has generated the development of this field to the point where virtual currencies have been created and new technologies have been developed to support their use. Like any emerging domain, the cryptocurrency field and the related technology are in a relatively early stage and exclusively imply operating in cyberspace, thus generating security risks in the event of the involvement of malicious entities in illicit activities. In this context, it is worth analyzing how the improper use of the crypto domain can lead to various risks to national security.

Risks to the National Security Generated By the Widespread Use of Cryptocurrency

“CAROL I” NATIONAL DEFENSE UNIVERSITY

Scientific Bulletin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Risks to the National Security Generated By the Widespread Use of Cryptocurrency"}

The pronounced multi-domain technologicalization specific to the last decades has had a significant impact on all areas of activity, including the financial...

Risks to the National Security Generated By the Widespread Use of Cryptocurrency

Published Online: Dec 30, 2021

Page range: 87 - 97

DOI: https://doi.org/10.2478/bsaft-2021-0011

Keywords
Bitcoin, blockchain technology, crypto mining, cyberspace, cyber attack

© 2021 George-Daniel Bobric, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Risks to the National Security Generated By the Widespread Use of Cryptocurrency

Published Online: Dec 30, 2021

Page range: 87 - 97

DOI: https://doi.org/10.2478/bsaft-2021-0011

KeywordsBitcoin, blockchain technology, crypto mining, cyberspace, cyber attack

© 2021 George-Daniel Bobric, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Bitcoin, blockchain technology, crypto mining, cyberspace, cyber attack