VIRTUAL CURRENCY AND GLOBAL BUSINESS - THE NEW TREND IN THE NET-ECONOMY

Abstract: The rapid development of information technology has made generating  cryptocurrencies and fast, cheap and uncontrollable transactions using virtual space possible. Among virtual currencies, Bitcoin is considered to be a major challenge for traditional financial operations, and especially for the fight against money laundering and terrorist financing. This article presents the following points of discussion: the spectacular appearance of Bitcoin, its exponential evolution, its popularity, its growing demand, lack of anonymity and predictability, the cross-border nature of transactions.
Keywords: Blockchain, Ledger Technology, Bitcoin, ETH, cryptocurrency, cryptography, technology, digital
JEL Classification : C23, C26, C38, C55, C81, C87