Cryptocurrency and Blockchain Technology

Casey G. Watters

Cryptocurrency and Blockchain Technology

Casey G. Watters

Faculty of Law

Research output: Chapter in Book/Report/Conference proceeding › Entry for encyclopedia/dictionary › Research

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.

Original language	English
Title of host publication	Scholarly Community Encylopedia
Publisher	MDPI
Publication status	Published - 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 16 Peace, Justice and Strong Institutions

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https://encyclopedia.pub/entry/51739Licence: CC BY

Cite this

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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.",

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M3 - Entry for encyclopedia/dictionary

BT - Scholarly Community Encylopedia

PB - MDPI

ER -

Cryptocurrency and Blockchain Technology

Abstract

UN SDGs

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