Cryptocurrencies and Their Role in Modern Commerce: Opportunities and Challenges

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Published: Sep 30, 2022
Keywords:
Cryptocurrencies, Blockchain technology, Modern commerce, Digital assets, Payment systems

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Dr. Lina Khatib
HOD, American University of Beirut, Beirut.
Pedro Alvarez
Senior Lecturer, University of Havana, Havana.

Abstract

By posing a serious threat to established monetary systems and completely altering the nature of financial transactions, cryptocurrencies have quickly become an indispensable tool in the modern economy. cryptocurrency's complex function, delving into its potential benefits and
drawbacks for companies and economies throughout the world. a thorough introduction to the philosophy and technology of cryptocurrencies, outlining their essential concepts. This article explores the revolutionary potential of cryptocurrencies, namely blockchain technology, to change payment systems, international transactions, and financial inclusion. It focuses on the decentralised nature of this technology.

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How to Cite
Dr. Lina Khatib, & Pedro Alvarez. (2022). Cryptocurrencies and Their Role in Modern Commerce: Opportunities and Challenges. CINEFORUM, 62(3), 7–11. Retrieved from https://revistadecineforum.com/index.php/cf/article/view/14
Issue
Vol. 62 No. 3 (2022)
Section
Journal Article
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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

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