<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This research paper is a holistic review done on the rise of Blockchain and cryptocurrency, then elaborate about the great advantages of having a decentralized finance system. The existing scenarios from a sample of countries were reviewed in regards to their effort to adopt cryptocurrency to find some of the challenges like what are the security challenges this new monetary system faces, and limitations faced by different countries. A detailed analysis was done to answer some of the vital questions as such why cryptocurrency is banned in a few countries when other countries see cryptocurrency as a secured mode of payment transaction or what kind of security is provided by cryptocurrency compared to the traditional payments such as pay by cash, credit, or checks. Lastly, this paper also summarizes a high-level overview to propose recommended solutions to overcome the security concerns associated with the adoption of cryptocurrencies and how does the future of cryptocurrency look.</p></abstract>

This research paper is a holistic review done on the rise of Blockchain and cryptocurrency, then elaborate about the great advantages of having a decentralized finance system. The existing scenarios from a sample of countries were reviewed in regards to their effort to adopt cryptocurrency to find some of the challenges like what are the security challenges this new monetary system faces, and limitations faced by different countries. A detailed analysis was done to answer some of the vital questions as such why cryptocurrency is banned in a few countries when other countries see cryptocurrency as a secured mode of payment transaction or what kind of security is provided by cryptocurrency compared to the traditional payments such as pay by cash, credit, or checks. Lastly, this paper also summarizes a high-level overview to propose recommended solutions to overcome the security concerns associated with the adoption of cryptocurrencies and how does the future of cryptocurrency look.

Cryptocurrency: Adoption efforts and security challenges in different countries

HOLISTICA – Journal of Business and Public Administration

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

{"article-title":"Cryptocurrency: Adoption efforts and security challenges in different countries"}

This research paper is a holistic review done on the rise of Blockchain and cryptocurrency, then elaborate about the great advantages of having a decentralized...

Cryptocurrency: Adoption efforts and security challenges in different countries

Data publikacji: 21 sie 2019

Zakres stron: 167 - 186

DOI: https://doi.org/10.2478/hjbpa-2019-0024

Słowa kluczowe
cryptocurrency, Blockchain, cybersecurity

© 2019 Suhag Pandya et al., published by Sciendo

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

Cryptocurrency: Adoption efforts and security challenges in different countries

Data publikacji: 21 sie 2019

Zakres stron: 167 - 186

DOI: https://doi.org/10.2478/hjbpa-2019-0024

Słowa kluczowecryptocurrency, Blockchain, cybersecurity

© 2019 Suhag Pandya et al., published by Sciendo

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

Słowa kluczowe
cryptocurrency, Blockchain, cybersecurity