CRYPTOCURRENCY AS A MEANS OF PAYMENT: A REVIEW

Babayev Hikmat, Nurullayev Javidan and Garayeva Vafa
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Babayev Hikmat: Faculty of MBA, UNEC, Azerbaijan.
Nurullayev Javidan: Faculty of Business Administration, ADA University, Baku, Azerbaijan.
Garayeva Vafa: Faculty of MBA, Istanbul University, Turkey.

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Abstract: Cryptocurrencies are a new technology that has given impetus to the modernization of the entire economy. Already, a huge number of people use cryptocoins for payment, participate in their production and earn on market volatility.To date, cryptocurrencies are at the stage of formation and improved versions are released annually, which try to eliminate the shortcomings in the technology. But it is already obvious to many experts that cryptocurrencies are the money of the future with great potential for development.

Date: 2022-06-02
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Published in Journal of Economics and Trade, 2022, 7 (1), pp.11-14

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05134259

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