Digital Currency:The Emergence of Bitcoins

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dc.contributor.authorMpofu, Thabiso Peter
dc.contributor.authorMasaiti, Budwell
dc.contributor.authorMukosera, Macdonald
dc.date.accessioned2023-06-19T14:07:48Z
dc.date.available2023-06-19T14:07:48Z
dc.date.issued2014-06-06
dc.descriptionDigital Currency: The Emergence of Bitcoinsen_US
dc.description.abstract: Bitcoins are a crypto currency whose concept was developed in 2009 by Satoshi Nakamoto. Bitcoins are digital currencies which operate on a peer to peer system. The system is decentralized as there is no central regulatory authority as with fiat currency. For an individual to transact you need a bitcoin wallet which has one or more private and public keys associated with it. Unlike fiat currency and electronic payment methods such as Visa and MasterCard which are based on trust, Bitcoin usage is based on cryptographic proof. Bitcoin usage has been on the increase and they can be converted into fiat currency through bitcoin exchangeen_US
dc.identifier.citationMpofu, T.P., Masaiti,B. & Mukosera M. (2014). Digital Currency: The Emergence of Bitcoins. International Journal of Science and Research (IJSR)en_US
dc.identifier.issn: 2319-7064
dc.identifier.urihttp://localhost:8080/xmlui/handle/123456789/773
dc.language.isoenen_US
dc.publisherInternational Journal of Science and Research (IJSR)en_US
dc.relation.ispartofseriesInternational Journal of Science and Research (IJSR);
dc.subjectBitcoins, decentralized, peer to peer, crypto currency, fiat currency, cryptographic proof, bitcoin exchange, bitcoin walleten_US
dc.titleDigital Currency:The Emergence of Bitcoinsen_US
dc.title.alternativeen_US
dc.typeArticleen_US

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