{"title":"Bitcoin and Blockchain: Characteristics, Links and Implicit Potential for People and Markets","authors":"Sílvia C. Fernandes","doi":"10.15344/2456-4451/2019/149","DOIUrl":null,"url":null,"abstract":"Named as the currency that would lead the monetary revolution, Bitcoin allows financial transactions without intermediation of banks that often charge high rates and are conducive to corruption threats. In Bitcoin, the intermediary is eliminated and with it its weaknesses. This perspective responds to the influence that corruption and mismanagement of banks and governments have on the economy (e.g. inflation).","PeriodicalId":31240,"journal":{"name":"International Journal of Software Engineering and Computer Systems","volume":"7 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Software Engineering and Computer Systems","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.15344/2456-4451/2019/149","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Named as the currency that would lead the monetary revolution, Bitcoin allows financial transactions without intermediation of banks that often charge high rates and are conducive to corruption threats. In Bitcoin, the intermediary is eliminated and with it its weaknesses. This perspective responds to the influence that corruption and mismanagement of banks and governments have on the economy (e.g. inflation).
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