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A review of blockchain and cryptocurrency applications in Romania

Author

Listed:
  • Niţu Maria

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Negruţiu Cristian

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Recent technological developments have led to economic changes that have an impact on the macroeconomic and microeconomic levels in developing countries, as well as in developed ones. The introduction of cryptocurrencies (Bitcoin is the first cryptocurrency, made public in 2009) into the economy through blockchain technology, generated a series of benefits, but also significant risks for citizens, companies and states.

Suggested Citation

  • Niţu Maria & Negruţiu Cristian, 2021. "A review of blockchain and cryptocurrency applications in Romania," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 601-610, December.
    • Handle: RePEc:vrs:poicbe:v:15:y:2021:i:1:p:601-610:n:41
    DOI: 10.2478/picbe-2021-0056
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    References listed on IDEAS

    as
    1. Morten Linnemann Bech & Rodney Garratt, 2017. "Central bank cryptocurrencies," BIS Quarterly Review, Bank for International Settlements, September.
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