Crypto currency – a virtual phenomenon which can destabilize financial markets

dc.citation.conference2018
dc.citation.epage66
dc.citation.issue2
dc.citation.journalTitleEconomics, Entrepreneurship, Management
dc.citation.spage59
dc.citation.volume5
dc.contributor.affiliationLviv Polytechnic National University
dc.contributor.authorZahorodniy, A.
dc.contributor.authorPartyn, H.
dc.coverage.placenameLviv
dc.date.accessioned2019-06-13T10:53:45Z
dc.date.available2019-06-13T10:53:45Z
dc.date.created2018-02-26
dc.date.issued2018-02-26
dc.description.abstractThe article considers the essence of a new financial instrument – the crypto currency, which is a kind of electronic money, its essence, specific features, the classification of types, advantages and disadvantages of traditional currencies, as well as prospects for further development of crypto currencies from the point of view of their impact on financial markets.
dc.format.extent59-66
dc.format.pages8
dc.identifier.citationZahorodniy A. Crypto currency – a virtual phenomenon which can destabilize financial markets / A. Zahorodniy, H. Partyn // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House — Vol 5. — No 2. — P. 59–66.
dc.identifier.citationenZahorodniy A. Crypto currency – a virtual phenomenon which can destabilize financial markets / A. Zahorodniy, H. Partyn // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House — Vol 5. — No 2. — P. 59–66.
dc.identifier.urihttps://ena.lpnu.ua/handle/ntb/45124
dc.language.isoen
dc.publisherLviv Politechnic Publishing House
dc.relation.ispartofEconomics, Entrepreneurship, Management, 2 (5)
dc.relation.references1. EBA Opinion on “virtual currencies” (2014). European Banking Authority.
dc.relation.references2. Virtual currency schemes – a further analysis (2015). European Central Bank.
dc.relation.references3. Kovalchuk, T. & Palyvoda, K. (2014). Digital currency as a virtual source of fictitious capital. Bankivska sprava. [Banking],1–2,3–11. [in Ukrainian]
dc.relation.references4. Dostov, V. L., Kuznetsov, V. A., & Shust, P. M.(2013). Electronic money as a tool for optimizing payment transactions. Dengi i kredit [Money and credit], 12, 7–13. [in Russian]
dc.relation.references5. Lobacheva, E. N. & Rodionova, V. G. (2014). Innovations in the system of electronic payments. Gumanitarnyi vesnik [Humanitarian Newsletter], 1. Retrieved from http://hmbul.bmstu.ru/catalog/ econom/hidden/160.html. [in Russian]
dc.relation.references6. Lukyanov, V. S (2014). The emergence of cryptocurrency market in the information networking paradigm. Aktualni problemy ekonomiky [Actual problems of economics],8 (158), 436–441. [in Ukrainian]
dc.relation.references7. Karcheva, G. T. & Nikitchuk, S. M. (2015). Virtual innovative currencies as futures currencies. Finansovyi prostir [Financial space] ,2, 24–30. [in Ukrainian]
dc.relation.references8. Karcheva, G., Leratovich, R., & Kavetsky, V. (2017). Using the “blockchain” technology as a factor in improving the efficiency of the financial sector. Bankivska sprava. [Banking], 2,110–119. [in Ukrainian]
dc.relation.references9. Volosovich, S. V. (2016). Virtual currency: globalization challenges and development prospects. Ekonomika Ukrainy [Ukraine economy], 4 (653),68–78. [in Ukrainian]
dc.relation.references10. Zagorodniy, A. H. & Voznyuk, G. L. (2011). Finansovo-ekonomichnyi slovnyk [Financial and Economic Dictionary]. Lviv: Publishing House of Lviv Polytechnic National University [in Ukrainian]
dc.relation.references11. Popov, V. (2017). Shcho take kryptovaliuta? [What is crypto currency?]. Retrieved from https://www.radiosvoboda.org/a/details/28742278.html [in Ukrainian]
dc.relation.references12. Kryptovaliuta: Zibraty po kryptakh [Cryptocurrency: Collect crypts]. (2017). Retrieved from http://www.ukrjurist.com/?artticle/1402 [in Ukrainian]
dc.relation.references13. Bitkoin, blokchein i maininh. Komu potribna kryptovaliuta i yak derzhavy yii kontroliuiut [Bitcoin, blockchain and mining. Who needs cryptocurrency and how states control it].(2017). Retrieved fromhttps://tsn.ua/groshi/bitkoyin-blokcheyu-i-mayningkomu-potribna-kriptovalyuta-i-yak-derzhavi-yiyikontrolyuyut-1016475. html. [in Ukrainian]
dc.relation.references14. Chto takoe kriptovaliuta [What is crypto currency?](2017). Retrieved from http://onecoins.info/chtotakoe-kriptovalyuta.html. [in Russian]
dc.relation.references15. Kryptovaliuta [Cryptocurrency?] (2017). Retrieved from https//uk.wikipedia.org/wiki/. [in Ukrainian]
dc.relation.references16. Kornilov D., Zaitsev, D., Evdokimov, N., Rayzin, M., Babaev, A., & Generalova, D. Obzor rynka kriptovaliut i ІSO za 2017 god [Cryptocurrency market review and ISO for 2017] (2018). Retrieved from https://anycoin.news/2018/01/05/obzor-rynkaico-2017/. [in Russian]
dc.relation.references17. Nikolaichuk, S. & Pidvysotsky, R. (2016). International Research Conference “Transformation of central banks’ activities”. Essential. Visnyk Natsionalnoho banku Ukrainy [ Visnyk of the National Bank], 6, 6–19. [in Ukrainian]
dc.relation.references18. Bazylevych, V. D. & Bazylevych, K. S. (2006). Rynkova ekonomika: osnovni poniattia i katehorii [Market Economy: Key Concepts and Categories]. Kiev: Znannia [in Ukrainian]
dc.relation.references19. Spilna zaiava finansovykh rehuliatoriv shchodo statusu kryptovaliut v Ukraini [Joint statement of financial regulators on the status of cryptocurrency in Ukraine] (2017). Retrieved from https://bank.gov.ua/control/uk/publish/printable_article?art_id=59735329&showTitle=true. [in Ukrainian]
dc.relation.references20. Grafik izmeneniia kursa bitkoina za vse vremia [The schedule for changing bitcoin rate for all time] (2017). Retrieved from https://coinnet.ru/obzory/grafik-kursa-bitcoina.html. [in Russian]
dc.relation.references21. Istoriia bitkoina – grafik kursa stoimosti bitkoina za vse vremia [Bitcoin’s history – the schedule of the rate of bitcoin cost for all time] (2017). Retrieved from http://great-word.ru/istoriya-bitkoina-grafikkursa/. [in Russian]
dc.relation.references22. Dinamika kursa dollara SShA k bitkoin (USD/BTC). [Dynamics of the US dollar to bitkoin rate (USD/BTC)] (2018). Retrieved from https://finstat.info/dinamika-kursa-dollara-ssha-k-bitkoin-usd-btc.[in Russian]
dc.relation.referencesen1. EBA Opinion on "virtual currencies" (2014). European Banking Authority.
dc.relation.referencesen2. Virtual currency schemes – a further analysis (2015). European Central Bank.
dc.relation.referencesen3. Kovalchuk, T. & Palyvoda, K. (2014). Digital currency as a virtual source of fictitious capital. Bankivska sprava. [Banking],1–2,3–11. [in Ukrainian]
dc.relation.referencesen4. Dostov, V. L., Kuznetsov, V. A., & Shust, P. M.(2013). Electronic money as a tool for optimizing payment transactions. Dengi i kredit [Money and credit], 12, 7–13. [in Russian]
dc.relation.referencesen5. Lobacheva, E. N. & Rodionova, V. G. (2014). Innovations in the system of electronic payments. Gumanitarnyi vesnik [Humanitarian Newsletter], 1. Retrieved from http://hmbul.bmstu.ru/catalog/ econom/hidden/160.html. [in Russian]
dc.relation.referencesen6. Lukyanov, V. S (2014). The emergence of cryptocurrency market in the information networking paradigm. Aktualni problemy ekonomiky [Actual problems of economics],8 (158), 436–441. [in Ukrainian]
dc.relation.referencesen7. Karcheva, G. T. & Nikitchuk, S. M. (2015). Virtual innovative currencies as futures currencies. Finansovyi prostir [Financial space] ,2, 24–30. [in Ukrainian]
dc.relation.referencesen8. Karcheva, G., Leratovich, R., & Kavetsky, V. (2017). Using the "blockchain" technology as a factor in improving the efficiency of the financial sector. Bankivska sprava. [Banking], 2,110–119. [in Ukrainian]
dc.relation.referencesen9. Volosovich, S. V. (2016). Virtual currency: globalization challenges and development prospects. Ekonomika Ukrainy [Ukraine economy], 4 (653),68–78. [in Ukrainian]
dc.relation.referencesen10. Zagorodniy, A. H. & Voznyuk, G. L. (2011). Finansovo-ekonomichnyi slovnyk [Financial and Economic Dictionary]. Lviv: Publishing House of Lviv Polytechnic National University [in Ukrainian]
dc.relation.referencesen11. Popov, V. (2017). Shcho take kryptovaliuta? [What is crypto currency?]. Retrieved from https://www.radiosvoboda.org/a/details/28742278.html [in Ukrainian]
dc.relation.referencesen12. Kryptovaliuta: Zibraty po kryptakh [Cryptocurrency: Collect crypts]. (2017). Retrieved from http://www.ukrjurist.com/?artticle/1402 [in Ukrainian]
dc.relation.referencesen13. Bitkoin, blokchein i maininh. Komu potribna kryptovaliuta i yak derzhavy yii kontroliuiut [Bitcoin, blockchain and mining. Who needs cryptocurrency and how states control it].(2017). Retrieved fromhttps://tsn.ua/groshi/bitkoyin-blokcheyu-i-mayningkomu-potribna-kriptovalyuta-i-yak-derzhavi-yiyikontrolyuyut-1016475. html. [in Ukrainian]
dc.relation.referencesen14. Chto takoe kriptovaliuta [What is crypto currency?](2017). Retrieved from http://onecoins.info/chtotakoe-kriptovalyuta.html. [in Russian]
dc.relation.referencesen15. Kryptovaliuta [Cryptocurrency?] (2017). Retrieved from https//uk.wikipedia.org/wiki/. [in Ukrainian]
dc.relation.referencesen16. Kornilov D., Zaitsev, D., Evdokimov, N., Rayzin, M., Babaev, A., & Generalova, D. Obzor rynka kriptovaliut i ISO za 2017 god [Cryptocurrency market review and ISO for 2017] (2018). Retrieved from https://anycoin.news/2018/01/05/obzor-rynkaico-2017/. [in Russian]
dc.relation.referencesen17. Nikolaichuk, S. & Pidvysotsky, R. (2016). International Research Conference "Transformation of central banks’ activities". Essential. Visnyk Natsionalnoho banku Ukrainy [ Visnyk of the National Bank], 6, 6–19. [in Ukrainian]
dc.relation.referencesen18. Bazylevych, V. D. & Bazylevych, K. S. (2006). Rynkova ekonomika: osnovni poniattia i katehorii [Market Economy: Key Concepts and Categories]. Kiev: Znannia [in Ukrainian]
dc.relation.referencesen19. Spilna zaiava finansovykh rehuliatoriv shchodo statusu kryptovaliut v Ukraini [Joint statement of financial regulators on the status of cryptocurrency in Ukraine] (2017). Retrieved from https://bank.gov.ua/control/uk/publish/printable_article?art_id=59735329&showTitle=true. [in Ukrainian]
dc.relation.referencesen20. Grafik izmeneniia kursa bitkoina za vse vremia [The schedule for changing bitcoin rate for all time] (2017). Retrieved from https://coinnet.ru/obzory/grafik-kursa-bitcoina.html. [in Russian]
dc.relation.referencesen21. Istoriia bitkoina – grafik kursa stoimosti bitkoina za vse vremia [Bitcoin’s history – the schedule of the rate of bitcoin cost for all time] (2017). Retrieved from http://great-word.ru/istoriya-bitkoina-grafikkursa/. [in Russian]
dc.relation.referencesen22. Dinamika kursa dollara SShA k bitkoin (USD/BTC). [Dynamics of the US dollar to bitkoin rate (USD/BTC)] (2018). Retrieved from https://finstat.info/dinamika-kursa-dollara-ssha-k-bitkoin-usd-btc.[in Russian]
dc.relation.urihttp://hmbul.bmstu.ru/catalog/
dc.relation.urihttps://www.radiosvoboda.org/a/details/28742278.html
dc.relation.urihttp://www.ukrjurist.com/?artticle/1402
dc.relation.urihttps://tsn.ua/groshi/bitkoyin-blokcheyu-i-mayningkomu-potribna-kriptovalyuta-i-yak-derzhavi-yiyikontrolyuyut-1016475
dc.relation.urihttp://onecoins.info/chtotakoe-kriptovalyuta.html
dc.relation.urihttps://anycoin.news/2018/01/05/obzor-rynkaico-2017/
dc.relation.urihttps://bank.gov.ua/control/uk/publish/printable_article?art_id=59735329&showTitle=true
dc.relation.urihttps://coinnet.ru/obzory/grafik-kursa-bitcoina.html
dc.relation.urihttp://great-word.ru/istoriya-bitkoina-grafikkursa/
dc.relation.urihttps://finstat.info/dinamika-kursa-dollara-ssha-k-bitkoin-usd-btc
dc.rights.holder© Національний університет „Львівська політехніка“, 2018
dc.subjectfinancial markets
dc.subjectfinancial instruments
dc.subjectelectronic money
dc.subjectBitcoin
dc.subjectcrypto currency
dc.subjectadvantages and disadvantages of the crypto currency
dc.subjectimpact of crypto currencies on the stability of financial markets
dc.subject.udc336.747.5
dc.titleCrypto currency – a virtual phenomenon which can destabilize financial markets
dc.typeArticle

Files

Original bundle

Now showing 1 - 2 of 2
Thumbnail Image
Name:
v5n2_Zahorodniy_A-Crypto_currency-a_virtual_59-66.pdf
Size:
204.3 KB
Format:
Adobe Portable Document Format
Thumbnail Image
Name:
v5n2_Zahorodniy_A-Crypto_currency-a_virtual_59-66__COVER.png
Size:
448.18 KB
Format:
Portable Network Graphics

License bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
2.95 KB
Format:
Plain Text
Description: