Abstract
A cryptocurrency is a digital asset designed to serve as a medium of exchange that should be an alternative to the classic fiat currency. The idea of bringing money from the physical to the digital realm has been investigated since the 1980s, with many attempts to create digital cash systems. Over the years, several researchers have tried to implement an electronic currency disconnected from the banking system, but none of these projects have been successful until 2008. In that year, an anonymous researcher (or a group of people) known under the pseudonym of Satoshi Nakamoto published a whitepaper that describes a peer-to-peer electronic cash system—called Bitcoin—completely independent from the traditional banking system.
Original language | English (US) |
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Title of host publication | Advances in Information Security |
Publisher | Springer |
Pages | 69-97 |
Number of pages | 29 |
DOIs | |
State | Published - Jan 1 2021 |
Externally published | Yes |
Bibliographical note
Generated from Scopus record by KAUST IRTS on 2023-09-20ASJC Scopus subject areas
- Information Systems
- Computer Networks and Communications