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
Link To Document :
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