Abstract
Due to the rapid development of information and communication technologies, many activities in our daily life have been merged online and they become more flexible and more effective. A huge growth of online users number has activated virtual word concepts and created a new business phenomenon which is virtual currency to facilitate the financial activities such as buying, selling and trading. Virtual currency represent valuable and intangible objects which are used electronically in different applications and networks such as online social networks, online social games, virtual worlds and peer to peer networks. The use of virtual currency has become widespread in many different systems in recent years. This paper investigates and analyses many aspects of virtual currency platforms such as offered opportunities, implementation mechanisms, regulation status, challenges and concerns. The results provide novel and useful resource to be used as a base for using, implementing and developing virtual currency platforms in a controlled manner as well as providing a scientific content for further research work.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.