DIGITAL CURRENCIES AND THEIR INFLUENCE IN BUSINESS

Tairi, Tahir and Idrizi, Florim (2020) DIGITAL CURRENCIES AND THEIR INFLUENCE IN BUSINESS. ECONOMIC VISION - International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 7 (13-14). pp. 241-252. ISSN 2545- 4544

[img] Text (DIGITAL CURRENCIES AND THEIR INFLUENCE IN BUSINESS)
23 faqe 241-252.pdf - Published Version
Download (984kB)

Abstract

Money as an instrument for making payments, is indeed a very important tool. Without it, it would be impossible the exchange of goods and services within the economy. As time moves on, money has gone through different stages of development, even transforming the traditional system of payments into a contemporary system of payments where the main item is digital money in all kinds of forms and by-products. Hence this includes digital currencies. Although for the time being digital currencies do not have the power of replacing the common currency, they can therefore influence on changing the way of doing business and the functioning of society, mostly by easing the realizations of various transactions, accompanied by a series of inevitable risks in functioning business operations. The field of digital currencies is a new one and it influences on payment system, therefore it acquires detailed analysis of their full potential, esepcially the one in the function of business and its development by conclusions and recommandations in eleminating the risks that atytributes to digital currencies.Therefore, we need to identify all key factors that might be decisive for individuals or particular businesses to choose or not the use of digital currencies in making financial transactions, dealing with all positive and negative aspects that will be unwound in this work.

Item Type: Article
Uncontrolled Keywords: Digital currencies, payment system
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Unnamed user with email zshi@unite.edu.mk
Date Deposited: 26 Nov 2020 02:03
Last Modified: 26 Nov 2020 02:03
URI: http://eprints.unite.edu.mk/id/eprint/679

Actions (login required)

View Item View Item
Universiteti i Tetoves is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.