Original language | English |
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Title of host publication | Scholarly Community Encylopedia |
Publisher | MDPI |
Publication status | Published - 2023 |
Abstract
Cryptocurrency has exploded in popularity, with Bitcoin adopted as a national currency in two countries. The blockchain technology on which cryptocurrency is built is an important tool used not only to facilitate a medium of exchange but also in many industries, including healthcare and education. As with all technologies, blockchain is a tool and can be abused by malicious actors. However, the decentralised nature of the technology creates an obstacle to establishing jurisdiction in transnational crimes.