Abstract

In recent years, ideas about crypto currencies with interesting and new for today monetary principles becoming more and more popular. The crypto currencies' met different attitude to it new for the world finances principals. There are different talks. Ones think that it may improve monetary system, others think that it is a toy money that may cause instability and crash the world finance. However, the fact is that innovative concept of e-currency still developing and becoming more popular and in this way crypto currencies, particularly the most popular one-bitcoin is more useful and more preferable way of transaction in Internet. For today its audience accumulated a 9 billion USD on exchange stocks specially designed for crypto currency. The paper is about the new currency and about its innovative principles that can be used in current financial situation.

Highlights

  • There is no doubt that 21st century is information technology’s century

  • Progress of technologies stormed big audience and we can meet a big variety of deviсes that make modern life closer to the Internet space

  • On the face of its decentralization, money issue, can be mentioned like unpositive, but with bitcoins all of them work for the benefit of society

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Summary

Introduction

There is no doubt that 21st century is information technology’s century. As an electricity Internet is one of the most needed resource in simple modern life. New system based on cryptography may become an alternative global currency system in the principles and forms of circulation of money. The conception of currency with decentralized issue in Internet became known in short time. On the face of its decentralization, money issue, can be mentioned like unpositive, but with bitcoins all of them work for the benefit of society.

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