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Cryptocurrency and Future of Money: Introduction to Cryptocurrency
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Author(s): Syeda Fizza Abbas (Kinnaird College for Women University, Pakistan), Aliza Sajjad (Kinnaird College for Women University, Pakistan), Haider Rizavi (University of Central Punjab, Pakistan)and Nadia Sadiq (Government College University, Faisalabad, Pakistan)
Copyright: 2025
Pages: 42
Source title:
Algorithmic Training, Future Markets, and Big Data for Finance Digitalization
Source Author(s)/Editor(s): Hamad Raza (Lyallpur Business School, Government College University, Faisalabad, Pakistan
), Ahsan Riaz (Lyallpur Business School, Government College University, Faisalabad, Pakistan
), Nimra Riaz (Department of Management Science, Riphah International University, Faisalabad, Pakistan
)and Suresh Ramakrishnan (Faculty of Management, Universiti Teknologi Malaysia, Malaysia)
DOI: 10.4018/979-8-3693-6386-7.ch010
Purchase
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Abstract
Cryptocurrency, emerging post-recession, has the potential to reshape the financial landscape. Since Bitcoin's debut in 2009, cryptocurrencies have evolved into advanced assets using blockchain technology. These decentralized digital currencies stand out from traditional money by expanding banking access, cutting transaction costs, and enhancing security. Beyond technology, they shift trust and control in finance away from centralized entities like banks and governments, leveraging blockchain and distributed systems to boost efficiency and promote financial inclusion, especially in developing countries.
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