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Fields Of Potential Use Of Cryptocurrencies In The Payment Services Market In Poland – Results Of An Empirical Study

Author

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  • Anna Iwona Piotrowska

    (WSB University in Torun)

Abstract

The payment services market in Poland is particularly open to new payment solutions. The most important financial innovations of the recent years include cryptocurrencies. Bitcoin is the most well-known of them and its applications cover payments and investments. The article aims to determine the potential for using cryptocurrencies in individual segments of the payment services market in Poland. The paper considers the following research hypothesis: Representatives of the financial sector see a potential for a widespread use of cryptocurrencies in the payment services sector in Poland. The aim of the paper was achieved and the hypothesis verified on the basis of selected results of a survey among representatives of institutions operating in the financial market in Poland. The study, primarily carried out by the author, presents the opinions of experts representing the broadly understood community of professionals from the payment services market in Poland. Their views concern the directions in which innovations in the payment services sector may develop and the prospects for the use of cryptocurrencies in that area.

Suggested Citation

  • Anna Iwona Piotrowska, 2016. "Fields Of Potential Use Of Cryptocurrencies In The Payment Services Market In Poland – Results Of An Empirical Study," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 5(2), pages 201-217.
    • Handle: RePEc:cpn:umkcjf:v:5:y:2016:i:2:p:201-217
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    References listed on IDEAS

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    3. Michal Polasik & Dariusz Piotrowski, 2016. "Payment innovations in Poland: the role of payment services in the strategies of commercial banksà," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 15(1), pages 73-101, March.
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    Cited by:

    1. Mina ZIROJEVIĆ & Darko MARKOVIĆ, 2020. "Terrorist Financing, Virtual Currencies, And The Future Of Security," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 14(2), pages 118-124, October.

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