DocumentCode
56498
Title
Bitcoin: Benefit or Curse?
Author
Hurlburt, George F. ; Bojanova, Irena
Volume
16
Issue
3
fYear
2014
fDate
May-June 2014
Firstpage
10
Lastpage
15
Abstract
The new world of mobile devices offers reasonable likelihood that virtual currency will prevail on a global scale. Currently, the bitcoin crypto-currency model appears to be a forerunner. Bitcoin, a highly disruptive technology, has both supporters and detractors. Nonetheless, in concert with other trends, some form of virtual currency, even if a successor to bitcoin, appears to have a path forward. Virtual currencies will likely gain in stature as other novel, unspecified, and disruptive innovations take hold in a world of increasingly autonomous systems. This department is part of a special issue on mobile commerce.
Keywords
financial data processing; foreign exchange trading; bitcoin crypto-currency model; bitcoin technology; mobile commerce; mobile devices; virtual currency; Cryptography; Data mining; Market research; Mobile communication; Online banking; Virtualization; Internet of Anything; Internet of Things; Internet/Web technologies; cloud; cryptocurrency; information technology; mobile; mobile commerce;
fLanguage
English
Journal_Title
IT Professional
Publisher
ieee
ISSN
1520-9202
Type
jour
DOI
10.1109/MITP.2014.28
Filename
6837348
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