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A Short Introduction to the World of Cryptocurrencies

Berentsen, Aleksander and Schär, Fabian. (2018) A Short Introduction to the World of Cryptocurrencies. Review of the Federal Reserve Bank of St Louis, 100 (1). pp. 1-16.

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Official URL: https://edoc.unibas.ch/67241/

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Abstract

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.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Distributed Ledger Technology/Fintech (Schär)
06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Wirtschaftstheorie (Berentsen)
UniBasel Contributors:Berentsen, Aleksander and Schär, Fabian
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Federal Reserve Bank of St. Louis
ISSN:0014-9187
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:27 Dec 2018 10:33
Deposited On:27 Dec 2018 10:33

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