Innovative transactions of the future with cryptocurrency

Abstract

Nowadays, cryptocurrency is gaining popularity. Used for a few years, it has been independent, anonymous, resistant to influence of banks or governments. The paper presents digital value carriers that have only a form of computer readable information and do not have a material equivalent (e.g. banknotes, coins or tokens). The paper discusses the history and characteristics of Bitcoin, analyzes what influence cryptocurrency has on traditional cashless payments, the methods and the most popular excavators to dig cryptocurrency, and how and where to buy and sell cryptocurrency at the exchange. In the conclusion it is indicated that the comprehensive legal regulations are necessary for proper cryptocurrency operations. The paper also includes instructions how to register at the CoinCasso exchange and how to use a “recommendation” link to do transactions at the exchange.