A short introduction to the world of cryptocurrencies /

In this article, we give a short introduction to cryptocurrencies and blockchain technology. The focus of the introduction is on Bitcoin, but many elements are shared by other blockchain implementations and alternative cryptoassets. The article covers the original idea and motivation, the mode of op...

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Bibliographic Details
Main Author: Berentsen, Aleksander
Other Authors: Schar, Fabian
Format: Article
Language:English
Subjects:
Online Access:https://research.stlouisfed.org/publications/review/2018/01/10/a-short-introduction-to-the-world-of-cryptocurrencies
Description
Summary:In this article, we give a short introduction to cryptocurrencies and blockchain technology. The focus of the introduction is on Bitcoin, but many elements are shared by other blockchain implementations and alternative cryptoassets. The article covers the original idea and motivation, the mode of operation and possible applications of cryptocurrencies, and blockchain technology. We conclude that Bitcoin has a wide range of interesting applications and that cryptoassets are well suited to become an important asset class.
Physical Description:1 registro en línea (16 p.)
Bibliography:Bibliografía: p. 15-16.