Public financial transaction database: the overview of cryptocurrency
List of Authors
  • Norhamiza Ishak

Keyword
  • bitcoin, blockchain, cryptocurrency, advantage, security, risks, impact

Abstract
  • The study focused on the risks and effects of these risks that can bring potential harm to cryptocurrencies’ users. Aside from that, this paper will also focus on the benefits and impacts of cryptocurrencies either it can evolve into a better medium for people to use as a medium of Interact email money transfer or known as E-transfer as virtual currency; hence as predicted to replace the current traditional currency in the near future. The characteristics of these virtual currencies such as unpredictable and inconsistency in its nature make it hard for peoples to predict what the future of these cryptocurrencies is as the value of it also fluctuated over the years. Thus, this paper will examine the probability of cryptocurrencies to evolve into a better form of digitalizing currency.

Reference
  • 1. Aalborg, H. A., Molnár, P., & de Vries, J. E. (2019). What can explain the price, volatility and trading volume of Bitcoin? Finance Research Letters, 29(July 2018), 255–265. https://doi.org/10.1016/j.frl.2018.08.010

    2. Ammous, S. (2018). Can cryptocurrencies fulfil the functions of money? Quarterly Review of Economics and Finance, 70(August 2016), 38–51. https://doi.org/10.1016/j.qref.2018.05.010

    3. Anja K Shortland. (2008). The Role of Institutions. Europe, 302(1), 1–2.

    4. Aves, A. (2004). How to Get Started in Academics. Journal of Vascular and Interventional Radiology, 15(2), P4. https://doi.org/10.1016/s1051-0443(04)70015-9

    5. Benjamin, V., Valacich, J. S., & Chen, H. (2019). DICE-E: A framework for conducting Darknet identification, collection, evaluation with ethics. MIS Quarterly: Management Information Systems, 43(1), 1–22. https://doi.org/10.25300/MISQ/2019/13808

    6. Böhme, R., Christin, N., Edelman, B., & Moore, T. (2015). Bitcoin: Economics, Technology, and Governance. 29(2), 213–238.

    7. Boschetti, M. A., Maniezzo, V., & Roffilli, M. (2011). A fully distributed lagrangean solution for a peer-to-peer overlay network design problem. INFORMS Journal on Computing, 23(1), 90–104. https://doi.org/10.1287/ijoc.1100.0381

    8. Bouri, E., Lucey, B., & Roubaud, D. (2019). Cryptocurrencies and the downside risk in equity investments. Finance Research Letters, (September 2018), 1–14. https://doi.org/10.1016/j.frl.2019.06.009

    9. Bunjaku, F., Gjorgieva-trajkovska, O., & Miteva-, E. (1857). Cryptocurrencies – Advantages and Disadvantages. 31–39.

    10. Caporale, G. M., Kang, W., Spagnolo, F., & Spagnolo, N. (2019). Non-Linearities, Cyber Attacks and Cryptocurrencies. Finance Research Letters. https://doi.org/10.1016/j.frl.2019.09.012

    11. Corbet, S., Lucey, B., Peat, M., & Vigne, S. (2018). Bitcoin Futures—What use are they? Economics Letters, 172, 23–27. https://doi.org/10.1016/j.econlet.2018.07.031

    12. Crosby, M., Pattanayak, P., Verma, S., & Kalyanaraman, V. (2016). Applied Innovation Review. Applied Innovation Review, (2), 5–20.

    13. Das, A. (2019). Managing the rising risk of a no-deal Brexit : Global Britain or Little England ? (August), 1–10.

    14. David Stancel. (2015). Faculty of Economics and Administration Economic Consequences Of Decentralized Systems Bachelor Thesis. (May).

    15. Dumitrescu, G. C. (2017). Bitcoin – A Brief Analysis of the Advantages and Disadvantages. Global Economic Observer, 5(2), 63.

    16. Durgha Moorthy. (2018). A Study On Rising Effects Of Cryptocurrency In The Regulations Of Malaysian Legal System. International Journal of Business, Economics and Law, Vol. 15, Issue 4, 15(4), 35–41.

    17. Eling, M., & Loperfido, N. (2017). Data breaches: Goodness of fit, pricing, and risk measurement. Insurance: Mathematics and Economics, 75, 126–136. https://doi.org/10.1016/j.insmatheco.2017.05.008

    18. Farell, R. (2015). An Analysis of the Cryptocurrency Industry. Wharton Research Scholars Journal. Paper, 130(5), 1–23.

    19. Frankenfield, J. (2018). Satoshi Nakamoto. Retrieved November 14, 2019, from https://www.investopedia.com/terms/s/satoshi-nakamoto.asp

    20. Frankenfield, J. (2019). Cryptocurrency. Retrieved October 23, 2019, from https://www.investopedia.com/terms/c/cryptocurrency.asp

    21. Haig, S. (2018). New Malaysian Cryptocurrency Regulation Come Into Effect.

    22. Hillbom, E., & Tillstr, T. (2016). Thesis E. Hillbom - smart contracts. (February).

    23. Houben, R., & Snyers, A. (2018). Cryptocurrencies and blockchain: Legal context and implications for financial crime, money laundering and tax evasion. European Parliament, (July).

    24. Kyriazis, Ν. A., Daskalou, K., Arampatzis, M., Prassa, P., & Papaioannou, E. (2019). Estimating the volatility of cryptocurrencies during bearish markets by employing GARCH models. Heliyon, 5(8), e02239. https://doi.org/10.1016/j.heliyon.2019.e02239

    25. Li, Y., Ren, Y., Yuan, J., & Shan, X. (2011). File-sharing preference in a peer-to-peer network. IEEE Circuits and Systems Magazine, 11(1), 43–51. https://doi.org/10.1109/MCAS.2010.939784

    26. Mendoza-Tello, J. C., Mora, H., Pujol-López, F. A., & Lytras, M. D. (2018). Social Commerce as a Driver to Enhance Trust and Intention to Use Cryptocurrencies for Electronic Payments. IEEE Access, 6(October), 50737–50751. https://doi.org/10.1109/ACCESS.2018.2869359

    27. Rosic, A. (2016). What is Cryptocurrency: [Everything You Need To Know!]. Retrieved Octobe 23, 2019, from https://blockgeeks.com/guides/what-is-cryptocurrency/

    28. Soliman, A. (2018). Graph-based Analytics for Decentralized Online Social Networks.

    29. Wang, S. S. (2019). Integrated framework for information security investment and cyber insurance. Pacific Basin Finance Journal, 57(July), 101173. https://doi.org/10.1016/j.pacfin.2019.101173

    30. Williams, M. T. (2019). Winklevoss Bitcoin Shares. Journal of Chemical Information and Modeling, 53(9), 1689–1699. https://doi.org/10.1017/CBO9781107415324.004

    31. Yousaf, H., Kappos, G., & Meiklejohn, S. (2018). Tracing Transactions Across Cryptocurrency Ledgers.

    32. Zhang, F., Daian, P., & Miers, I. (n.d.). Paralysis Proofs : Secure Dynamic Access Structures for Cryptocurrencies and More. Eprint.Iacr.Org.