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Technology Underlying Cryptocurrencies and Types of Cryptocurrencies

In: Regulation of Cryptocurrencies and Blockchain Technologies

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  • Rosario Girasa

    (Pace University)

Abstract

This chapter explores the advent of blockchain technology which is the basis for almost all of the many types and formats of virtual currencies. We review the types, uses, and the many ways in which blockchain is transforming the world of business as well as society. Among them are management tools, financial services, tourism, legal and accounting services, and the innumerable other uses due to blockchain’s impenetrability to hacking, its protection of privacy, and many other advantages afforded.

Suggested Citation

  • Rosario Girasa, 2018. "Technology Underlying Cryptocurrencies and Types of Cryptocurrencies," Palgrave Studies in Financial Services Technology, in: Regulation of Cryptocurrencies and Blockchain Technologies, pages 29-56, Palgrave Macmillan.
    • Handle: RePEc:pal:psincp:978-3-319-78509-7_2
    DOI: 10.1007/978-3-319-78509-7_2
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